Direxion Daily 7-10 Year Treasury Bear 3x Shares (NYSEARCA:TYO) announced a special dividend on Tuesday, March 19th, Wall Street Journal reports. Investors of record on Wednesday, March 20th will be given a dividend of 0.0623 per share on Tuesday, March 26th. The ex-dividend date is Tuesday, March 19th. This is an increase from Direxion Daily 7-10 Year Treasury Bear 3x Shares’s previous special dividend of $0.02.

TYO stock traded down $0.01 during trading on Tuesday, reaching $13.37. The company had a trading volume of 1,252 shares, compared to its average volume of 4,124. Direxion Daily 7-10 Year Treasury Bear 3x Shares has a twelve month low of $13.24 and a twelve month high of $16.13.

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About Direxion Daily 7-10 Year Treasury Bear 3x Shares

Direxion Daily 7-10 Year Treasury Bear 3X Shares (the Fund), formerly Direxion Daily 10-Year Treasury Bear 3X Shares, seeks daily investment results of 300% of the price performance of the NYSE 7-10 Year Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the intermediate 7 to 10 year maturity range of the United States Treasury bond market.

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