Direxion Daily MU Bear 1X Shares to Issue Quarterly Dividend of $0.22 (NASDAQ:MUD)

Direxion Daily MU Bear 1X Shares (NASDAQ:MUD) declared a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 25th will be given a dividend of 0.2233 per share on Tuesday, April 1st. This represents a $0.89 annualized dividend and a yield of 3.83%. The ex-dividend date of this dividend is Tuesday, March 25th.

Direxion Daily MU Bear 1X Shares Stock Up 1.8 %

Shares of NASDAQ:MUD traded up $0.42 during trading on Tuesday, reaching $23.35. 9,851 shares of the stock were exchanged, compared to its average volume of 11,129. Direxion Daily MU Bear 1X Shares has a 12 month low of $21.21 and a 12 month high of $28.63. The company’s 50-day moving average is $23.77.

Direxion Daily MU Bear 1X Shares Company Profile

The Direxion Daily MU Bear 1X Shares (MUD) 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 Micron Technology, Inc stock. MUD was launched on Oct 10, 2024 and is issued by Direxion.