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

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

Direxion Daily PLTR Bear 1X Shares Stock Performance

PLTD traded down $0.10 during trading on Tuesday, hitting $15.19. 1,402,547 shares of the company traded hands, compared to its average volume of 2,743,170. Direxion Daily PLTR Bear 1X Shares has a one year low of $12.72 and a one year high of $27.23. The firm’s fifty day moving average price is $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.