Direxion Daily PLTR Bear 1X Shares (PLTD) to Distribute Quarterly Dividend of $0.04 on June 30th

Direxion Daily PLTR Bear 1X Shares (NASDAQ:PLTD) announced a quarterly dividend on Monday, June 22nd, NASDAQ Dividends reports. Stockholders of record on Tuesday, June 23rd will be paid a dividend of 0.0376 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, June 23rd.

Direxion Daily PLTR Bear 1X Shares Stock Up 1.7%

Shares of PLTD stock opened at $8.90 on Wednesday. Direxion Daily PLTR Bear 1X Shares has a 1 year low of $5.87 and a 1 year high of $9.89. The firm’s fifty day simple moving average is $7.79 and its 200 day simple moving average is $7.45.

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.