Direxion Daily PLTR Bear 1X Shares (NASDAQ:PLTD) to Issue Quarterly Dividend of $0.16

Direxion Daily PLTR Bear 1X Shares (NASDAQ:PLTD) announced a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Investors of record on Tuesday, March 25th will be given a dividend of 0.1564 per share on Tuesday, April 1st. This represents a $0.63 annualized dividend and a yield of 4.12%. The ex-dividend date is Tuesday, March 25th.

Direxion Daily PLTR Bear 1X Shares Price Performance

NASDAQ:PLTD traded down $0.10 during mid-day trading on Tuesday, reaching $15.19. The stock had a trading volume of 1,402,547 shares, compared to its average volume of 2,743,170. The business has a 50-day simple moving average of $18.32. Direxion Daily PLTR Bear 1X Shares has a 12 month low of $12.72 and a 12 month high of $27.23.

About Direxion Daily PLTR Bear 1X Shares

The Direxion Daily PLTR Bear 1X Shares (PLTD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Palantir Technologies Stock. PLTD was launched on Dec 11, 2024 and is issued by Direxion.