Direxion Shares Exchange Traded Fund Trust (NYSEARCA:ERY) announced a quarterly dividend on Tuesday, March 20th, Wall Street Journal reports. Investors of record on Wednesday, March 21st will be paid a dividend of 0.0179 per share by the exchange traded fund on Tuesday, March 27th. This represents a $0.07 annualized dividend and a yield of 0.68%. The ex-dividend date of this dividend is Tuesday, March 20th.
Shares of Direxion Shares Exchange Traded Fund Trust (NYSEARCA:ERY) traded down $0.26 on Tuesday, reaching $10.52. 582,798 shares of the company traded hands, compared to its average volume of 1,371,498. Direxion Shares Exchange Traded Fund Trust has a 1 year low of $6.97 and a 1 year high of $15.52.
Shares of Direxion Shares Exchange Traded Fund Trust are scheduled to reverse split before the market opens on Thursday, March 29th. The 1-5 reverse split was announced on Wednesday, March 28th. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, March 28th.
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