Direxion Daily META Bear 1X Shares (NASDAQ:METD) Announces $0.17 Quarterly Dividend

Direxion Daily META Bear 1X Shares (NASDAQ:METD) declared a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Stockholders of record on Tuesday, March 25th will be given a dividend of 0.1687 per share on Tuesday, April 1st. This represents a $0.67 annualized dividend and a dividend yield of 3.70%. The ex-dividend date is Tuesday, March 25th.

Direxion Daily META Bear 1X Shares Stock Performance

NASDAQ:METD opened at $18.22 on Wednesday. The firm has a 50-day moving average price of $17.73 and a two-hundred day moving average price of $19.32. Direxion Daily META Bear 1X Shares has a twelve month low of $15.68 and a twelve month high of $26.62.

About Direxion Daily META Bear 1X Shares

The Direxion Daily META Bear 1X Shares (METD) is an exchange-traded fund that is based on the Meta Platforms Inc Class A index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of META stock. METD was launched on Jun 5, 2024 and is issued by Direxion.