ProShares Ultra Oil & Gas (NYSE:DIG) announced a quarterly dividend on Wednesday, September 27th, Wall Street Journal reports. Investors of record on Thursday, September 28th will be paid a dividend of 0.2931 per share by the exchange traded fund on Thursday, October 5th. This represents a $1.17 dividend on an annualized basis and a yield of 3.36%. The ex-dividend date is Wednesday, September 27th. This is an increase from ProShares Ultra Oil & Gas’s previous quarterly dividend of $0.13.

ProShares Ultra Oil & Gas has increased its dividend payment by an average of 12.5% annually over the last three years.

Shares of ProShares Ultra Oil & Gas (NYSE:DIG) opened at 35.23 on Thursday. ProShares Ultra Oil & Gas has a 12 month low of $28.35 and a 12 month high of $46.90. The company has a 50-day moving average of $30.76 and a 200-day moving average of $33.35.

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About ProShares Ultra Oil & Gas

ProShares Ultra Oil & Gas (the fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Oil & Gas Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics.

Dividend History for ProShares Ultra Oil & Gas (NYSE:DIG)

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