Direxion Daily S&P Biotech Bear 3X Shares (LABD) Announces Quarterly Dividend of $0.00

Direxion Daily S&P Biotech Bear 3X Shares (NYSEARCA:LABD) announced a quarterly dividend on Tuesday, March 20th, Wall Street Journal reports. Investors of record on Wednesday, March 21st will be given a dividend of 0.0044 per share on Tuesday, March 27th. This represents a $0.02 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date of this dividend is Tuesday, March 20th.

Direxion Daily S&P Biotech Bear 3X Shares (NYSEARCA LABD) traded down $0.03 during trading on Tuesday, reaching $3.23. 5,498,918 shares of the company were exchanged, compared to its average volume of 10,079,626. Direxion Daily S&P Biotech Bear 3X Shares has a 12 month low of $2.71 and a 12 month high of $12.08.

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