Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDN) declared a quarterly dividend on Tuesday, March 19th, Wall Street Journal reports. Stockholders of record on Wednesday, March 20th will be given a dividend of 0.1531 per share on Tuesday, March 26th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date is Tuesday, March 19th. This is a positive change from Direxion Daily S&P 500 Bear 1x Shares’s previous quarterly dividend of $0.11.
Direxion Daily S&P 500 Bear 1x Shares stock traded down $0.15 during mid-day trading on Tuesday, hitting $28.07. The company’s stock had a trading volume of 17,338 shares, compared to its average volume of 25,554. Direxion Daily S&P 500 Bear 1x Shares has a 12 month low of $27.50 and a 12 month high of $34.21.
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