ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Increases Dividend to $0.38 Per Share

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) announced a quarterly dividend on Tuesday, December 23rd. Shareholders of record on Wednesday, December 24th will be given a dividend of 0.3793 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Wednesday, December 24th. This is a 24.7% increase from ProShares Ultra Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.30.

ProShares Ultra Nasdaq Cybersecurity ETF Trading Down 2.8%

NASDAQ:UCYB traded down $1.58 on Wednesday, hitting $54.43. 202 shares of the stock were exchanged, compared to its average volume of 1,618. The stock has a market cap of $7.62 million, a PE ratio of 24.20 and a beta of 1.69. The stock has a fifty day moving average of $58.45 and a 200-day moving average of $58.98. ProShares Ultra Nasdaq Cybersecurity ETF has a fifty-two week low of $34.96 and a fifty-two week high of $64.75.

ProShares Ultra Nasdaq Cybersecurity ETF Company Profile

The ProShares Ultra Nasdaq Cybersecurity (UCYB) is an exchange-traded fund that is based on the Nasdaq CTA Cybersecurity index. The fund provides daily 2x leveraged exposure to a liquidity-weighted index that targets companies engaged in the global cybersecurity industry. UCYB was launched on Jan 19, 2021 and is managed by ProShares.