ProShares UltraPro QQQ (NASDAQ:TQQQ) Increases Dividend to $0.09 Per Share

ProShares UltraPro QQQ (NASDAQ:TQQQ - Get Free Report) declared a quarterly dividend on Tuesday, December 23rd. Investors of record on Wednesday, December 24th will be given a dividend of 0.0855 per share by the exchange traded fund on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Wednesday, December 24th. This is a 74.9% increase from ProShares UltraPro QQQ's previous quarterly dividend of $0.05.Get ProShares UltraPro QQQ alerts:ProShares UltraPro QQQ Price Performance3 Leveraged ETFs to Multiply ReturnsShares of NASDAQ:TQQQ traded up $0.00 during trading on Wednesday, reaching $55.01. The company had a trading volume of 7,323,441 shares, compared to its average volume of 145,930,813. The firm has a market capitalization of $28.85 billion, a price-to-earnings ratio of 38.25 and a beta of 3.46. The stock's fifty day moving average price is $53.97 and its 200 day moving average price is $48.15. ProShares UltraPro QQQ has a fifty-two week low of $17.50 and a fifty-two week high of $60.69. About ProShares UltraPro QQQ (Get Free Report)Proshares UltraPro QQQ ETF (the Fund) seeks daily investment results, before fees and expenses that correspond to triple (300%) the daily performance of the NASDAQ-100 Index (the Index). The Fund invests in equity securities, derivatives, such as futures contracts, swap agreements, and money market instruments. ProShare Advisors LLC (ProShare Advisors) provides the investment advisory and management services for the Fund. Further ReadingFive stocks we like better than ProShares UltraPro QQQThe boring AI play that could pay up to $4,290 monthlyThe gift that keeps giving (just $1 today)The Best $1 You'll Spend This Holiday SeasonTrump Did WHAT??End of America updateThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in ProShares UltraPro QQQ Right Now?Before you consider ProShares UltraPro QQQ, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ProShares UltraPro QQQ wasn't on the list.While ProShares UltraPro QQQ currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here