ProShares Russell US Dividend Growers ETF (BATS:TMDV) to Issue Dividend of $0.44

ProShares Russell US Dividend Growers ETF (BATS:TMDV) declared a dividend on Friday, December 20th,NASDAQ Dividends reports. Shareholders of record on Monday, December 23rd will be paid a dividend of 0.4359 per share on Tuesday, December 31st. The ex-dividend date is Monday, December 23rd.

ProShares Russell US Dividend Growers ETF Stock Performance

Shares of TMDV traded up $0.18 on Friday, reaching $47.67. 350 shares of the company’s stock traded hands. The business has a 50-day moving average price of $50.03 and a 200 day moving average price of $48.59. The firm has a market capitalization of $8.58 million, a PE ratio of 18.89 and a beta of 0.68.

ProShares Russell US Dividend Growers ETF Company Profile

The ProShares Russell US Dividend Growers ETF (TMDV) is an exchange-traded fund that is based on the Russell 3000 Dividend Elite index. The fund tracks an equal-weighted index of Russell 3000 constituents that have increased dividend payments annually for at least 35 years. TMDV was launched on Nov 5, 2019 and is managed by ProShares.