Direxion Daily PLTR Bear 1X ETF (NASDAQ:PLTD) Announces Dividend Increase – $0.04 Per Share

Direxion Daily PLTR Bear 1X ETF (NASDAQ:PLTD) declared a quarterly dividend on Monday, September 21st. Shareholders of record on Tuesday, September 22nd will be paid a dividend of 0.0406 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Tuesday, September 22nd. This is a 7.9% increase from Direxion Daily PLTR Bear 1X ETF’s previous quarterly dividend of $0.04.

Direxion Daily PLTR Bear 1X ETF Stock Down 1.8%

Shares of PLTD stock traded down $0.09 during trading hours on Tuesday, hitting $4.83. 23,525,169 shares of the company were exchanged, compared to its average volume of 45,411,551. The business has a 50 day moving average of $6.07 and a two-hundred day moving average of $7.18. Direxion Daily PLTR Bear 1X ETF has a 52 week low of $4.83 and a 52 week high of $9.73.

About Direxion Daily PLTR Bear 1X ETF

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.