ProShares UltraPro Short QQQ (NASDAQ:SQQQ) Announces Quarterly Dividend of $0.64

Key Points

• Dividend declared: ProShares UltraPro Short QQQ (SQQQ) announced a quarterly dividend of $0.6384 per share, payable March 31 to shareholders of record on March 25, with an annualized yield of about 3.3% (ex-dividend date March 25).
• Stock movement: SQQQ traded down ~2.8% to $76.96 on midday trading with volume around 53.7M (near its average), and a 12‑month range of $61.72–$289.00.
• Fund strategy: The fund seeks daily returns equal to three times the inverse (‑3x) of the NASDAQ‑100 using derivatives and short‑term cash instruments, making it a short‑term hedging tool rather than a long‑term investment.

ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Get Free Report) declared a quarterly dividend on Tuesday, March 24th. Investors of record on Wednesday, March 25th will be given a dividend of 0.6384 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date is Wednesday, March 25th.

ProShares UltraPro Short QQQ Trading Down 2.8%

SQQQ stock traded down $2.18 during midday trading on Wednesday, hitting $76.96. The company's stock had a trading volume of 53,697,886 shares, compared to its average volume of 54,849,977. ProShares UltraPro Short QQQ has a 12 month low of $61.72 and a 12 month high of $289.00. The company has a 50 day moving average of $70.48 and a two-hundred day moving average of $71.45.

ProShares UltraPro Short QQQ Company Profile

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market. The Fund invests in derivatives. It also invests in short-term cash instruments, which have a remaining maturity of 397 days or less and exhibit high quality credit profiles.

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