Direxion Daily MSCI Real Estate Bear 3X Shares Announces Quarterly Distribution
Direxion Daily MSCI Real Estate Bear 3X Shares (DRV) has declared a quarterly distribution of $0.1535 per share, to be paid on September 29. Shareholders of record as of September 22 will receive the payment, and the ex-dividend date is also set for September 22. This announcement provides clarity for investors holding DRV shares regarding upcoming dividend payments. The distribution reflects ongoing income generation from this leveraged real estate ETF, which seeks to deliver inverse exposure with a three-times leverage on daily returns of the MSCI Real Estate Index.
