Direxion Daily PLTR Bear 1X ETF (NASDAQ:PLTD) Increases Dividend to $0.04 Per Share

Direxion Daily PLTR Bear 1X ETF (NASDAQ:PLTD) announced a quarterly dividend on Monday, September 21st. Investors of record on Tuesday, September 22nd will be given a dividend of 0.0406 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a dividend 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 Performance

PLTD traded down $0.09 on Tuesday, hitting $4.83. 23,525,169 shares of the company were exchanged, compared to its average volume of 45,411,551. Direxion Daily PLTR Bear 1X ETF has a 12 month low of $4.83 and a 12 month high of $9.73. The stock’s fifty day moving average is $6.07 and its 200-day moving average is $7.18.

Direxion Daily PLTR Bear 1X ETF Company Profile

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.