Direxion Daily PLTR Bear 1X Shares (NASDAQ:PLTD) Announces Dividend Increase – $0.06 Per Share

Direxion Daily PLTR Bear 1X Shares (NASDAQ:PLTD) announced a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 24th will be given a dividend of 0.0572 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Tuesday, March 24th. This is a 15.8% increase from Direxion Daily PLTR Bear 1X Shares’s previous quarterly dividend of $0.05.

Direxion Daily PLTR Bear 1X Shares Stock Performance

Shares of PLTD stock traded up $0.20 during trading on Tuesday, reaching $7.14. The company’s stock had a trading volume of 55,813,854 shares, compared to its average volume of 55,477,637. The business has a fifty day moving average price of $7.65 and a 200-day moving average price of $7.07. Direxion Daily PLTR Bear 1X Shares has a one year low of $5.87 and a one year high of $21.50.

Direxion Daily PLTR Bear 1X Shares Company Profile

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.