Direxion Daily MSFT Bear 1X Shares Announces Quarterly Dividend of $0.11 (NASDAQ:MSFD)

Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD) declared a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Stockholders of record on Tuesday, March 25th will be given a dividend of 0.106 per share on Tuesday, April 1st. This represents a $0.42 dividend on an annualized basis and a dividend yield of 2.93%. The ex-dividend date of this dividend is Tuesday, March 25th.

Direxion Daily MSFT Bear 1X Shares Stock Performance

Shares of NASDAQ MSFD opened at $14.47 on Wednesday. The stock’s 50-day simple moving average is $14.16 and its two-hundred day simple moving average is $13.85. Direxion Daily MSFT Bear 1X Shares has a twelve month low of $12.43 and a twelve month high of $15.25.

Direxion Daily MSFT Bear 1X Shares Company Profile

The Direxion Daily MSFT Bear 1X Shares ETF (MSFD) is an exchange-traded fund that is based on the Microsoft Corporation index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Microsoft stock. MSFD was launched on Sep 7, 2022 and is managed by Direxion.