ProShares Ultra Nasdaq Cloud Computing ETF (SKYU) to Issue Quarterly Dividend of $0.01 on April 1st

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

ProShares Ultra Nasdaq Cloud Computing ETF Stock Down 5.9 %

Shares of SKYU stock opened at $28.73 on Thursday. The company has a market cap of $2.59 million, a P/E ratio of 25.63 and a beta of 2.13. The business has a 50 day moving average of $35.97 and a two-hundred day moving average of $34.17. ProShares Ultra Nasdaq Cloud Computing ETF has a 52 week low of $18.45 and a 52 week high of $43.79.

About ProShares Ultra Nasdaq Cloud Computing ETF

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.