ProShares Bitcoin Strategy ETF BITO | AMEX
After Hours
Next Earnings: Sep 18, 2024
Company Overview:
2.9 Year Performance Metrics:
BITO Dividend Payments, Yield & Share Price charts
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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.
BITO Earnings, Revenue, Cash & Debt, Shares Outstaning:
Revenue, EPS, Net Income & Ebitda - Estimates VS Actual:
Ratios, Profit Margins & Return on Capital:
BITO Dividends Info:
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 |
|---|---|---|---|---|---|
| 09/03/2024 | 09/10/2024 | $1.209 | 58.69% | 82.47% | $17.59 |
| 08/01/2024 | 08/08/2024 | $1.447 | 44.25% | 84.25% | $20.61 |
| 07/01/2024 | 07/09/2024 | $1.503 | 36.38% | 81.43% | $22.15 |
| 06/03/2024 | 06/10/2024 | $1.768 | 27.6% | 81.1% | $26.16 |
| 05/01/2024 | 05/08/2024 | $1.681 | 25.5% | 87.5% | $23.06 |
| 04/01/2024 | 04/08/2024 | $1.145 | 15.06% | 44.84% | $30.64 |
| 03/01/2024 | 03/08/2024 | $0.726 | 13.57% | 30.06% | $29.00 |
| 02/01/2024 | 02/08/2024 | $0.356 | 16.23% | 20.97% | $20.39 |
| 12/20/2023 | 12/28/2023 | $0.147 | 14.52% | 8.26% | $21.37 |
| 12/01/2023 | 12/08/2023 | $0.127 | 15.34% | 7.91% | $19.27 |
| 11/01/2023 | 11/08/2023 | $0.140 | 16.14% | 9.6% | $17.53 |
| 10/02/2023 | 10/10/2023 | $0.074 | 18.84% | 6.22% | $14.27 |
| 09/01/2023 | 09/11/2023 | $0.005 | 19.85% | 0.48% | $13.17 |
| 08/01/2023 | 08/08/2023 | $0.385 | 17.21% | 30.47% | $15.16 |
| 07/03/2023 | 07/11/2023 | $0.664 | 13.29% | 47.64% | $16.73 |
| 06/01/2023 | 06/08/2023 | $0.428 | 10.38% | 34.17% | $15.02 |
| 05/01/2023 | 05/08/2023 | $0.417 | 7.04% | 31.15% | $16.08 |
| 04/03/2023 | 04/11/2023 | $0.465 | 4.26% | 33.26% | $16.76 |
| 03/01/2023 | 03/08/2023 | $0.101 | 1.73% | 8.39% | $14.43 |
| 02/01/2023 | 02/08/2023 | $0.149 | 1.01% | 12.11% | $14.79 |
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Projected Future Returns & Dividends for BITO
Based on past 2.9-year performance, here are BITO growth metrics: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:
Share price CAGR of +22.44%
Dividend CAGR of +23.26%
| BITO | |
|---|---|
| Current Price | $17.99 |
| Start Shares | 555.86 |
| Start Value | $10,000 |
| After 10 years: | |
| Final Share Count | 8,098.19 |
| Dividends Payment | $9.79 |
| Annual Dividends | $317,091 |
| Yield on cost | 3,170.91% |
| Share Price | $111.26 |
| Total Dividends | $563,736 |
| Final Value | $901,040 |
NOTE: Above numbers are our estimate based on BITO's Dividend and Price CAGR over past 2.9 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.
