ProShares Ultra Nasdaq Biotechnology (NASDAQ:BIB) Increases Dividend to $0.15 Per Share

ProShares Ultra Nasdaq Biotechnology (NASDAQ:BIB) announced a dividend on Tuesday, September 24th, NASDAQ reports. Investors of record on Wednesday, September 25th will be given a dividend of 0.1528 per share by the exchange traded fund on Wednesday, October 2nd. The ex-dividend date is Wednesday, September 25th. This is a boost from ProShares Ultra Nasdaq Biotechnology’s previous dividend of $0.04.

ProShares Ultra Nasdaq Biotechnology Trading Down 3.1 %

NASDAQ:BIB opened at $61.94 on Thursday. ProShares Ultra Nasdaq Biotechnology has a 12 month low of $40.10 and a 12 month high of $69.56. The business’s 50-day moving average is $65.22 and its 200 day moving average is $59.58.

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.