ProShares Ultra Nasdaq Biotechnology (NASDAQ:BIB) Declares $0.13 Quarterly Dividend

ProShares Ultra Nasdaq Biotechnology (NASDAQ:BIB) declared a quarterly dividend on Tuesday, December 23rd. Stockholders of record on Wednesday, December 24th will be given a dividend of 0.1346 per share by the exchange traded fund on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Wednesday, December 24th.

ProShares Ultra Nasdaq Biotechnology Stock Performance

Shares of ProShares Ultra Nasdaq Biotechnology stock opened at $83.40 on Wednesday. ProShares Ultra Nasdaq Biotechnology has a 1 year low of $33.78 and a 1 year high of $84.34. The firm has a market cap of $80.89 million, a PE ratio of 20.68 and a beta of 1.38. The firm’s 50-day simple moving average is $75.33 and its 200-day simple moving average is $61.26.

About ProShares Ultra Nasdaq Biotechnology

ProShares Ultra Nasdaq Biotechnology (the Fund) seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the Index. The return of the Fund for a period longer than a single trading day will be the result of each day’s returns compounded over the period, which will very likely differ from the inverse of the return of the Dow Jones United States Basic Materials Index (the Index) for that period. The Fund does not seek to achieve its stated investment objective over a period of time greater than one day.