Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS) announced a quarterly dividend on Tuesday, September 25th, Wall Street Journal reports. Investors of record on Wednesday, September 26th will be given a dividend of 0.0477 per share on Tuesday, October 2nd. This represents a $0.19 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date is Tuesday, September 25th.

Shares of Direxion Daily S&P 500 Bear 3X Shares stock traded down $0.15 during trading on Wednesday, reaching $21.19. The company’s stock had a trading volume of 19,958 shares, compared to its average volume of 4,108,558. Direxion Daily S&P 500 Bear 3X Shares has a 12-month low of $20.84 and a 12-month high of $37.38.

About Direxion Daily S&P 500 Bear 3X Shares

Direxion Daily S&P 500 Bear 3X Shares ETF, formerly Direxion Daily S&P 500 Bear 3X Shares, seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification.

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