Direxion Daily CSI 300 China A Share Bear 1X Shares Announces Dividend of $0.01 (NYSEARCA:CHAD)

by · The Markets Daily

Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD – Get Free Report) declared a dividend on Sunday, September 20th. Investors of record on Friday, October 30th will be given a dividend of 0.0052 per share on Monday, November 2nd. The ex-dividend date of this dividend is Friday, October 30th.

Direxion Daily CSI 300 China A Share Bear 1X Shares Stock Up 4.2%

NYSEARCA CHAD traded up $0.35 during mid-day trading on Monday, hitting $8.70. The stock had a trading volume of 30,826 shares, compared to its average volume of 42,257. The firm’s 50 day moving average is $17.41 and its 200 day moving average is $18.69. Direxion Daily CSI 300 China A Share Bear 1X Shares has a twelve month low of $6.80 and a twelve month high of $9.09.

Key Stories Impacting Direxion Daily CSI 300 China A Share Bear 1X Shares

Here are the key news stories impacting Direxion Daily CSI 300 China A Share Bear 1X Shares this week:

  • Neutral Sentiment: CHAD declared a distribution of approximately $0.0052 per share, payable November 2 to shareholders of record October 30. The ex-dividend date is October 30. The payment is too small to represent a meaningful income catalyst for investors. CHAD Announces Dividend
  • Neutral Sentiment: Several syndicated reports contain inconsistent older references to distributions of $0.01 or $0.08 and alternative October dates, but the repeated current announcement identifies the distribution as $0.0052 per share with an October 30 ex-dividend date. Investors should verify the final amount and dates in the fund’s official distribution notice. CHAD Distribution Announcement

About Direxion Daily CSI 300 China A Share Bear 1X Shares

(Get Free Report)

The Direxion Daily CSI 300 China A Share Bear 1X Shares (CHAD) is an exchange-traded fund that is based on the China Shenzhen SE \u002F CSI 300 index. The fund provides daily inverse exposure to an index of the 300 largest and most liquid Chinese shares traded on the Shanghai and Shenzhen exchanges. CHAD was launched on Jun 17, 2015 and is managed by Direxion.

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