Direxion Daily 20 Year Plus Treasury Bear 3x Shares (TMV) Plan Quarterly Dividend of $0.05

Direxion Daily 20 Year Plus Treasury Bear 3x Shares (TMV) Plan Quarterly Dividend of $0.05

Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV) declared a quarterly dividend on Tuesday, September 25th, Wall Street Journal reports. Shareholders of record on Wednesday, September 26th will be paid a dividend of 0.0523 per share by the exchange traded fund on Tuesday, October 2nd. This represents a $0.21 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date is Tuesday, September 25th.

TMV traded up $0.28 during midday trading on Wednesday, reaching $22.98. 21,259 shares of the company’s stock were exchanged, compared to its average volume of 945,583. Direxion Daily 20 Year Plus Treasury Bear 3x Shares has a one year low of $17.07 and a one year high of $23.41.

Direxion Daily 20 Year Plus Treasury Bear 3x Shares Company Profile

Direxion Daily 20 Year Plus Treasury Bear 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bear 3x Shares, seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the NYSE 20 Year Plus Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the long-term 20-year and greater maturity range of the United States Treasury bond market.

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