ProShares S&P 500 High Income ETF (NYSEARCA:ISPY) Announces Dividend Increase – $0.33 Per Share

ProShares S&P 500 High Income ETF (NYSEARCA:ISPY) announced a dividend on Friday, January 31st,NASDAQ Dividends reports. Stockholders of record on Monday, February 3rd will be paid a dividend of 0.3259 per share on Friday, February 7th. The ex-dividend date is Monday, February 3rd. This is a positive change from ProShares S&P 500 High Income ETF’s previous dividend of $0.22.

ProShares S&P 500 High Income ETF Stock Down 0.3 %

Shares of NYSEARCA ISPY traded down $0.12 during trading on Friday, reaching $45.51. 255,715 shares of the company traded hands, compared to its average volume of 266,376. The firm has a 50 day simple moving average of $45.21 and a 200-day simple moving average of $44.40. The stock has a market capitalization of $105.13 million, a PE ratio of 24.03 and a beta of 0.87. ProShares S&P 500 High Income ETF has a 52-week low of $39.85 and a 52-week high of $46.83.

ProShares S&P 500 High Income ETF Company Profile

The ProShares S&P 500 High Income ETF (ISPY) is an exchange-traded fund that is based on the S&P 500 Daily Covered Call index. The fund tracks an index pursuing a daily covered call writing strategy on the stocks of the S&P 500 Index. The fund seeks generate a high level of income combined with the performance returns of the S&P 500 Index over the long term.