ProShares Bitcoin Strategy ETF BITO | AMEX

$26.14 $0.15 | 0.58%

After Hours
$26.26 $0.12 | 0.46%

Next Earnings: Nov 29, 2024

Company Overview:

Market Cap: $2.10B
PE Ratio:
52-Week Range: $16.11 - $33.79
Dividend Yield (FWD): 45.64% ($11.93)

3.1 Year Performance Metrics:

Total Return (with DRIP): 26.66% (7.92% / yr)
Total Return (no DRIP): -1.85% (-0.60% / yr)
Share Price: -37.67%
Dividend Increase: 565.94%
BITO 3.1-yr Total Return ($10,000 investment)
1Y 2Y 5Y 10Y All

BITO Dividend Payments, Yield & Share Price charts

Dividend Payments & Yield
BITO Dividend CAGR:1Y: 608.51%2Y: N/A5Y: N/A10Y: N/A
Share Price
BITO Price CAGR:1Y: 38.82%2Y: 60.40%5Y: -9.02%10Y: -4.62%

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BITO Dividend Safety: Payout & Dividend to Free Cash Flow Ratios.

Dividend payout ration is Dividend/EPS, and indicates if company can afford to pay dividends from net income that it earned in the quarter.

Since EPS can be played with using different "accounting gymnastics", a better measure of dividends safety is Dividend to Free Cash Flow (FCF) ratio.

FCF is how much cash the company has earned each quarter, after paying all expenses not related to earnings.

Lower Ratio indicates SAFER Dividend! Ratios consistently close to, or over 100% are usually unsustainable and often indicate a dividend cut might be coming soon.

Dividend Payout Ratio - BITO
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Dividend to Free Cash Flow Ratio - BITO
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BITO Earnings, Revenue, Cash & Debt, Shares Outstaning:

BITO - EPS vs PE Ratio
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BITO - FCF vs FCF / Share
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BITO - EPS vs FCF / Share
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BITO - FCF vs Stock Based Comp
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BITO - Revenue vs Net Income
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BITO - Cash & Debt
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BITO - Revenue
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BITO Revenue CAGR:1Y: N/A2Y: N/A5Y: N/A10Y: N/A
BITO - Earnings Per Share (EPS)
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BITO EPS CAGR:1Y: N/A2Y: N/A5Y: N/A10Y: N/A
BITO - Net Income
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BITO Net Income CAGR:1Y: N/A2Y: N/A5Y: N/A10Y: N/A
BITO - EBITDA
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BITO EBITDA CAGR:1Y: N/A2Y: N/A5Y: N/A10Y: N/A
BITO - Free Cash Flow
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BITO Free Cash Flow CAGR:1Y: N/A2Y: N/A5Y: N/A10Y: N/A
BITO - Free Cash Flow / Share
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BITO Free Cash Flow / Share CAGR:1Y: N/A2Y: N/A5Y: N/A10Y: N/A
BITO - Gross Profit
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BITO Gross Profit CAGR:1Y: N/A2Y: N/A5Y: N/A10Y: N/A
BITO - Expenses
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BITO Expenses CAGR:1Y: N/A2Y: N/A5Y: N/A10Y: N/A
BITO - Shares Outstanding
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BITO Shares Outstanding CAGR:1Y: N/A2Y: N/A5Y: N/A10Y: N/A
BITO - Share Buybacks
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BITO Share Buybacks CAGR:1Y: N/A2Y: N/A5Y: N/A10Y: N/A
BITO - Stock-Based Comp
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BITO Stock-Based Comp CAGR:1Y: N/A2Y: N/A5Y: N/A10Y: N/A
BITO - Dividends
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BITO Dividend CAGR:1Y: 608.51%2Y: N/A5Y: N/A10Y: N/A

Revenue, EPS, Net Income & Ebitda - Estimates VS Actual:

BITO - REVENUE: Actual + Estimates
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BITO Actual Revenue CAGR:1Y: N/A2Y: N/A5Y: N/A10Y: N/A
BITO - EPS: Actual + Estimates
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BITO Actual EPS CAGR:1Y: N/A2Y: N/A5Y: N/A10Y: N/A
BITO - NET INCOME: Actual + Estimates
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BITO Actual Net Income CAGR:1Y: N/A2Y: N/A5Y: N/A10Y: N/A
BITO - EBITDA: Actual + Estimates
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BITO Actual EBITDA CAGR:1Y: N/A2Y: N/A5Y: N/A10Y: N/A

Ratios, Profit Margins & Return on Capital:

BITO - Net Profit Margin
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BITO Net Profit Margin CAGR:1Y: N/A2Y: N/A5Y: N/A10Y: N/A
BITO - Gross Profit Margin
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BITO Gross Profit Margin CAGR:1Y: N/A2Y: N/A5Y: N/A10Y: N/A
BITO - Price to Earnings
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BITO - Price To Sales Ratio
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BITO - Return on Capital Employed
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BITO - Return on Invested Capital
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BITO Dividends Info:

Annual Dividend: $11.93
Forward Yield: 45.64%
Ex-Dividend Date: 2024-11-01
Lifetime Dividens / Share: $15.02

BITO Dividend History: Dates, Payments & Yield list

Below is a schedule of all BITO dividend payments, ex-dates, share price on the day of the payment as well as TTM & forward yield

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
11/01/202411/08/2024$0.99465.29%63.86%$18.68
10/01/202410/08/2024$1.09164.48%74.43%$17.59
09/03/202409/10/2024$1.20958.69%82.47%$17.59
08/01/202408/08/2024$1.44744.25%84.25%$20.61
07/01/202407/09/2024$1.50336.38%81.43%$22.15
06/03/202406/10/2024$1.76827.6%81.1%$26.16
05/01/202405/08/2024$1.68125.5%87.5%$23.06
04/01/202404/08/2024$1.14515.06%44.84%$30.64
03/01/202403/08/2024$0.72613.57%30.06%$29.00
02/01/202402/08/2024$0.35616.23%20.97%$20.39
12/20/202312/28/2023$0.14714.52%8.26%$21.37
12/01/202312/08/2023$0.12715.34%7.91%$19.27
11/01/202311/08/2023$0.14016.14%9.6%$17.53
10/02/202310/10/2023$0.07418.84%6.22%$14.27
09/01/202309/11/2023$0.00519.85%0.48%$13.17
08/01/202308/08/2023$0.38517.21%30.47%$15.16
07/03/202307/11/2023$0.66413.29%47.64%$16.73
06/01/202306/08/2023$0.42810.38%34.17%$15.02
05/01/202305/08/2023$0.4177.04%31.15%$16.08
04/03/202304/11/2023$0.4654.26%33.26%$16.76
03/01/202303/08/2023$0.1011.73%8.39%$14.43
02/01/202302/08/2023$0.1491.01%12.11%$14.79

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Projected Future Returns & Dividends for BITO

Based on past 3.1-year performance, here are BITO growth metrics:

Share price CAGR of -10.99%
Dividend CAGR of +20.88%
Using BITO CAGR metrics, we can estimate, that your initial $10000 investment, over next 10 years ago, should grow with dividends being reinvested (DRIP) as follows:

BITO
Current Price$26.14
Start Shares382.56
Start Value$10,000
 
After 10 years:
Final Share Count645,356.12
Dividends Payment$6.62
Annual Dividends$17,089,395
Yield on cost170,893.95%
Share Price$9.17
Total Dividends$6,071,647
Final Value$5,914,990

Estimated Future Value + Dividends - BITO

NOTE: Above numbers are our estimate based on BITO's Dividend and Price CAGR over past 3.1 years. These numebrs should only be considered as "potential future returns"! These numbers assume DRIP (reinvesting dividends).

We cannot guarantee that your actual returns will meet these estimates.

Company Info

ProShares Bitcoin Strategy ETF (BITO) had its IPO on 2021-10-20, and is trader on AMEX stock exchange.

The fund adviser seeks to provide capital appreciation primarily through managed exposure to bitcoin futures contracts. The fund does not invest directly in bitcoin. The fund adviser will generally hold its bitcoin futures contracts during periods in which the value of bitcoin or bitcoin futures are flat or declining as well as during periods in which the value of bitcoin or bitcoin futures is rising. In order to maintain exposure to bitcoin futures contracts, it must sell its futures contracts as they near expiration and replace them with new futures contracts with a later expiration date. It is non-diversified.

Website - not listed.


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