ProShares Ultra Nasdaq Cloud Computing ETF Declares Quarterly Dividend of $0.06 (NASDAQ:SKYU)

ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYU) declared a quarterly dividend on Tuesday, March 24th, NASDAQ Dividends reports. Stockholders of record on Wednesday, March 25th will be paid a dividend of 0.0574 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Wednesday, March 25th.

ProShares Ultra Nasdaq Cloud Computing ETF Price Performance

Shares of NASDAQ:SKYU traded up $0.34 during mid-day trading on Wednesday, reaching $26.03. 606 shares of the company were exchanged, compared to its average volume of 1,947. ProShares Ultra Nasdaq Cloud Computing ETF has a 1 year low of $17.38 and a 1 year high of $45.55. The firm’s 50-day simple moving average is $28.39 and its 200 day simple moving average is $35.47. The firm has a market cap of $1.30 million, a price-to-earnings ratio of 29.23 and a beta of 2.43.

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.