ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) Announces Dividend Increase – $0.14 Per Share

ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) announced a quarterly dividend on Tuesday, June 23rd. Shareholders of record on Wednesday, June 24th will be paid a dividend of 0.1373 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Wednesday, June 24th. This is a 27.4% increase from ProShares UltraShort Lehman 7-10 Year Treasury’s previous quarterly dividend of $0.11.

ProShares UltraShort Lehman 7-10 Year Treasury Trading Down 0.3%

NYSEARCA PST opened at $23.07 on Wednesday. The business’s fifty day simple moving average is $22.86 and its 200-day simple moving average is $22.41. ProShares UltraShort Lehman 7-10 Year Treasury has a 52 week low of $21.39 and a 52 week high of $23.61.

ProShares UltraShort Lehman 7-10 Year Treasury Company Profile

ProShares UltraShort 7-10 Year Treasury seeks daily investment results, which correspond to twice (200%) the inverse (opposite) of the daily performance of the Barclays Capital 7-10 Year U.S. Treasury Index. The Barclays Capital 7-10 Year U.S. Treasury Index includes all publicly issued, the United States Treasury securities, which have a remaining maturity of between seven and 10 years, are non-convertible and are denominated in the United States dollars, are rated (at least Baa3 by Moody’s Investors Service or BBB- by S&P) and are fixed rate.