Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD) Shareholders to Get $0.01 Dividend

Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSEARCA:CHAD) declared a dividend on Thursday, October 1st. Stockholders of record on Thursday, October 29th will be given a dividend of $0.0052 per share on Friday, October 30th. The ex-dividend date of this dividend is Thursday, October 29th.

Direxion Daily CSI 300 China A Share Bear 1X Shares Trading Up 2.1%

CHAD opened at $9.05 on Friday. 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. The business’s 50-day simple moving average is $15.51 and its 200-day simple moving average is $18.02.

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:

• Positive Sentiment: CHAD announced a $0.0052-per-share distribution for investors of record on October 14, with payment scheduled for October 15. The dividend offers a modest income benefit to holders, though its small size is unlikely to be a major stock-price driver.
• Neutral Sentiment: Several reports repeat previously announced $0.0052 distributions with ex-dividend dates in October, including October 8, October 13, October 14, October 29 and October 30. These appear to be routine ETF distributions rather than new operating developments.
• Neutral Sentiment: One report describes a $0.01 dividend payable October 5, but the more detailed, repeated announcements specify a $0.0052-per-share payment. Investors should verify the distribution amount with the fund sponsor or exchange. Direxion Daily CSI 300 China A Share Bear 1X Shares (CHAD) to Distribute Dividend of $0.01 on October 5th

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

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.