DIREXION Shs ET/DIREXION DAILY RL E (DRN) Raises Dividend to $0.25 Per Share
DIREXION Shs ET/DIREXION DAILY RL E (NYSEARCA:DRN) announced a quarterly dividend on Wednesday, June 20th, Wall Street Journal reports. Investors of record on Wednesday, June 20th will be paid a dividend of 0.2517 per share on Tuesday, June 26th. This represents a $1.01 dividend on an annualized basis and a dividend yield of 4.91%. The ex-dividend date is Tuesday, June 19th. This is a boost from DIREXION Shs ET/DIREXION DAILY RL E’s previous quarterly dividend of $0.21.
DRN stock traded up $0.71 during midday trading on Wednesday, hitting $20.49. The company’s stock had a trading volume of 70,866 shares, compared to its average volume of 214,155. DIREXION Shs ET/DIREXION DAILY RL E has a twelve month low of $14.68 and a twelve month high of $24.73.
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