Direxion Daily Financial Bear 3X Shares (RUSL) to Issue Dividend Increase – $0.71 Per Share

Direxion Daily Financial Bear 3X Shares (NYSEARCA:RUSL) declared a quarterly dividend on Tuesday, March 20th, Wall Street Journal reports. Investors of record on Wednesday, March 21st will be paid a dividend of 0.7074 per share by the exchange traded fund on Tuesday, March 27th. This represents a $2.83 dividend on an annualized basis and a yield of 4.85%. The ex-dividend date is Tuesday, March 20th. This is a boost from Direxion Daily Financial Bear 3X Shares’s previous quarterly dividend of $0.50.

Shares of Direxion Daily Financial Bear 3X Shares (NYSEARCA RUSL) traded up $1.47 during trading hours on Tuesday, reaching $58.38. The company had a trading volume of 81,957 shares, compared to its average volume of 148,733. Direxion Daily Financial Bear 3X Shares has a 52 week low of $29.06 and a 52 week high of $73.38.

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