ProShares Ultra Nasdaq Cloud Computing ETF to Issue Quarterly Dividend of $0.01 (NASDAQ:SKYU)

ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYU) announced a quarterly dividend on Tuesday, March 25th, NASDAQ Dividends reports. Shareholders of record on Wednesday, March 26th will be paid a dividend of 0.0054 per share on Tuesday, April 1st. This represents a $0.02 annualized dividend and a dividend yield of 0.07%. The ex-dividend date of this dividend is Wednesday, March 26th.

ProShares Ultra Nasdaq Cloud Computing ETF Trading Down 5.9 %

Shares of NASDAQ SKYU opened at $28.73 on Thursday. ProShares Ultra Nasdaq Cloud Computing ETF has a 12-month low of $18.45 and a 12-month high of $43.79. The company has a market cap of $2.59 million, a PE ratio of 25.63 and a beta of 2.13. The stock has a 50 day simple moving average of $35.97 and a 200-day simple moving average of $34.17.

ProShares Ultra Nasdaq Cloud Computing ETF Company Profile

The ProShares Ultra Cloud Computing (SKYU) is an exchange-traded fund that is based on the ISE Cloud Computing index. The fund provides 2x leveraged exposure to a modified-equally-weighted index of US companies in the cloud computing industry. SKYU was launched on Jan 19, 2021 and is managed by ProShares.