Direxion Daily China Bull 3x Shares ETF Announces Quarterly Dividend of $0.38 (YINN)
Direxion Daily China Bull 3x Shares ETF (NYSEARCA:YINN) announced a quarterly dividend on Tuesday, December 19th, Wall Street Journal reports. Shareholders of record on Wednesday, December 20th will be given a dividend of 0.3764 per share by the exchange traded fund on Wednesday, December 27th. This represents a $1.51 dividend on an annualized basis and a yield of 4.77%. The ex-dividend date of this dividend is Tuesday, December 19th.
Shares of Direxion Daily China Bull 3x Shares ETF (NYSEARCA:YINN) traded down $0.62 during mid-day trading on Wednesday, hitting $31.58. 512,100 shares of the stock were exchanged, compared to its average volume of 720,470. Direxion Daily China Bull 3x Shares ETF has a 52-week low of $14.00 and a 52-week high of $37.86.
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Direxion Daily China Bull 3x Shares ETF Company Profile
Direxion Daily China Bull 3x Shares ETF (the Fund) seeks daily investment results of 300% of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation.
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