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

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 given 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 of this dividend is Tuesday, March 25th.

Direxion Daily PLTR Bear 1X Shares Price Performance

NASDAQ PLTD traded down $0.10 during trading hours on Tuesday, reaching $15.19. The company’s stock had a trading volume of 1,402,547 shares, compared to its average volume of 2,743,170. The company’s fifty day simple moving average is $18.32. Direxion Daily PLTR Bear 1X Shares has a 52 week low of $12.72 and a 52 week high of $27.23.

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.