$Defiance Daily Target 2X Long

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$Defiance Daily Target 2X Long MSTR ETF(MSTX)$ Really wanted to ask you guys. Why did this stock shave off its stock value to give a onetime ex dividend, did they use this method to compensate shareholders for the dilution due to increase in shares or is there other reasons. I wonder if mstr will go up again huh *sigh pie*

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rs111
·01-07
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这股息是多久发一次呢？
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- Tradelikeapanda:
  it was the first time it distributed div, 31 dec
  01-07
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LesYao
·01-04
They are giving a $14 dividend. But because of withholding tax, I am only seeing $10+ in my dividend column. It should be credited on 3 Jan, but not in my account yet.
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- Tradelikeapanda:
  Looks like there is a delay in settlement, not sure if they would compensate us for this [Sad]
  01-04
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BTC_Sandy
·01-03
all dividends work in the same way? dividends given, price dropped. That’s called ex-d.
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Tradelikeapanda
·01-04
oh i see, thanks! i thought the drop kindda fishy
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That’s called ex-d.","text":"all dividends work in the same way? dividends given, price dropped. That’s called ex-d.","html":"all dividends work in the same way? dividends given, price dropped. 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