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

Direxion Daily PLTR Bear 1X Shares (NASDAQ:PLTD) declared a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Shareholders 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 dividend on an annualized basis and a yield of 4.12%. The ex-dividend date is Tuesday, March 25th.

Direxion Daily PLTR Bear 1X Shares Trading Down 0.7 %

Shares of PLTD traded down $0.10 on Tuesday, reaching $15.19. 1,402,547 shares of the company’s stock traded hands, compared to its average volume of 2,743,170. Direxion Daily PLTR Bear 1X Shares has a 52-week low of $12.72 and a 52-week high of $27.23. The business has a 50 day moving average price of $18.32.

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.