Direxion Daily AAPL Bear 1X Shares to Issue Quarterly Dividend of $0.12 (NASDAQ:AAPD)

Direxion Daily AAPL Bear 1X Shares (NASDAQ:AAPD) announced a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 25th will be given a dividend of 0.1176 per share on Tuesday, April 1st. This represents a $0.47 annualized dividend and a yield of 2.78%. The ex-dividend date of this dividend is Tuesday, March 25th.

Direxion Daily AAPL Bear 1X Shares Stock Performance

Shares of AAPD opened at $16.93 on Wednesday. Direxion Daily AAPL Bear 1X Shares has a one year low of $14.70 and a one year high of $23.72. The stock has a 50-day moving average of $16.53 and a 200-day moving average of $16.45.

About Direxion Daily AAPL Bear 1X Shares

The Direxion Daily AAPL Bear 1X Shares ETF (AAPD) is an exchange-traded fund that is based on the Apple Inc index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Apple stock. AAPD was launched on Aug 9, 2022 and is managed by Direxion.