ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) to Issue Quarterly Dividend of $0.38

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) annualized dividend 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 Stock Performance

Shares of UCYB traded down $1.76 during trading hours on Wednesday, hitting $54.26. 202 shares of the stock were exchanged, compared to its average volume of 1,618. The stock’s 50-day moving average price is $58.45 and its two-hundred day moving average price is $58.98. The company has a market cap of $7.60 million, a price-to-earnings ratio of 24.20 and a beta of 1.69. ProShares Ultra Nasdaq Cybersecurity ETF has a 12-month low of $34.96 and a 12-month high of $64.75.

About ProShares Ultra Nasdaq Cybersecurity ETF

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.