Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD) to Issue $0.01 Dividend
by Mitch Edgeman · The Markets DailyDirexion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD – Get Free Report) declared a dividend on Wednesday, September 23rd. 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 Trading Down 0.8%
Shares of CHAD stock traded down $0.07 on Thursday, reaching $8.83. 10,911 shares of the stock were exchanged, compared to its average volume of 40,891. The stock has a 50 day moving average price of $16.77 and a 200 day moving average price of $18.47. Direxion Daily CSI 300 China A Share Bear 1X Shares has a one year low of $6.80 and a one year high of $9.15.
Key Headlines 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: The fund declared a distribution of $0.0052 per share. The main reported payment is scheduled for November 2, 2026, for shareholders of record on October 30, with an ex-dividend date of October 30. Because the distribution is very small, it is unlikely to materially influence CHAD’s price or investor sentiment.
- Neutral Sentiment: Several duplicate entries also reference distributions with October 5, October 6, and October 7 payment dates. These appear to be repeated or overlapping dividend notices rather than separate new developments.
- Neutral Sentiment: CHAD is an inverse ETF designed to benefit when the CSI 300 China A Share Index declines. Accordingly, its day-to-day performance is primarily driven by movements in Chinese A-share equities, not the nominal dividend announcement. No information was provided on CSI 300 performance or broader China-market news.
Direxion Daily CSI 300 China A Share Bear 1X Shares Company Profile
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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