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Direxion Daily MU Bear 1X Shares (NASDAQ:MUD) to Issue Quarterly Dividend of $0.27
Direxion Daily MU Bear 1X Shares (NASDAQ:MUD) has announced a quarterly dividend of $0.2725 per share, payable on March 31st to shareholders of record on March 24th, with an ex-dividend date also on March 24th. This represents an annualized dividend yield of 2.9%. The ETF, which offers -1x inverse exposure to Micron Technology, traded up 1.3% at $37.94 on the news.