Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD) Shares to Pay Dividend of $0.01

Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD – Get Free Report) declared a dividend on Thursday, October 22nd. Shareholders of record on Friday, November 27th will be paid a dividend of $0.0061 per share on Monday, November 30th. The ex-dividend date is Friday, November 27th.

Direxion Daily CSI 300 China A Share Bear 1X Shares Trading Up 1.0%

Shares of NYSEARCA:CHAD traded up $0.10 on Friday, hitting $9.90. The company had a trading volume of 17,725 shares, compared to its average volume of 36,843. The firm’s 50-day simple moving average is $12.58 and its two-hundred day simple moving average is $16.99. Direxion Daily CSI 300 China A Share Bear 1X Shares has a 1 year low of $6.80 and a 1 year high of $9.90.

More Direxion Daily CSI 300 China A Share Bear 1X Shares News

Here are the key news stories impacting Direxion Daily CSI 300 China A Share Bear 1X Shares this week:

  • Positive Sentiment: CHAD declared a cash distribution of $0.0061 per share, payable November 30 to shareholders of record November 27. The dividend provides a small income benefit to investors.
  • Neutral Sentiment: The distribution has several reported record, payment, and ex-dividend dates across the releases, including November 25/27, November 27/30, and November 2/3. Investors should confirm the applicable date with the fund sponsor or broker.
  • Negative Sentiment: Several reports describe the $0.0061 distribution as a 92.3% decrease from a prior $0.0794 payment, which could weigh on income-oriented sentiment. Other reports compare it with a much smaller $0.0052 distribution and call it a 19% increase, indicating inconsistent or potentially duplicated data.

Direxion Daily CSI 300 China A Share Bear 1X Shares Company Profile

(Get Free Report)

The Direxion Daily CSI 300 China A Share Bear 1X Shares (CHAD) is an exchange-traded fund that is based on the China Shenzhen SE \u002F CSI 300 index. The fund provides daily inverse exposure to an index of the 300 largest and most liquid Chinese shares traded on the Shanghai and Shenzhen exchanges. CHAD was launched on Jun 17, 2015 and is managed by Direxion.

See Also

Dividend History for Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD)

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