Direxion Daily META Bear 1X Shares (NASDAQ:METD) Plans $0.17 Quarterly Dividend

Direxion Daily META Bear 1X Shares (NASDAQ:METD) announced a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 25th will be given a dividend of 0.1687 per share on Tuesday, April 1st. This represents a $0.67 dividend on an annualized basis and a yield of 3.70%. The ex-dividend date of this dividend is Tuesday, March 25th.

Direxion Daily META Bear 1X Shares Stock Down 2.1 %

Shares of NASDAQ METD traded down $0.39 during mid-day trading on Tuesday, hitting $18.22. 125,384 shares of the company’s stock traded hands, compared to its average volume of 288,496. The company’s 50-day moving average is $17.75 and its two-hundred day moving average is $19.36. Direxion Daily META Bear 1X Shares has a 1 year low of $15.68 and a 1 year high of $26.62.

Direxion Daily META Bear 1X Shares Company Profile

The Direxion Daily META Bear 1X Shares (METD) is an exchange-traded fund that is based on the Meta Platforms Inc Class A index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of META stock. METD was launched on Jun 5, 2024 and is issued by Direxion.