Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) Plans $0.22 Quarterly Dividend

Key Points

• Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) has declared a quarterly dividend of $0.2218 per share, with the payment date set for September 30th for stockholders of record on September 23rd.
• The fund currently has a market capitalization of $256.62 million and is trading at $35.25, with a twelve month trading range between $21.28 and $50.61.
• AMZU is designed to provide 1.5x leveraged exposure to the daily price movement of Amazon.com, Inc shares, and was launched on September 7, 2022.

Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU - Get Free Report) declared a quarterly dividend on Monday, September 22nd. Stockholders of record on Tuesday, September 23rd will be paid a dividend of 0.2218 per share on Tuesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Tuesday, September 23rd.

Direxion Daily AMZN Bull 2X Shares Stock Performance

Shares of AMZU stock traded down $2.52 during trading hours on Tuesday, reaching $35.25. The company had a trading volume of 4,453,708 shares, compared to its average volume of 1,436,687. Direxion Daily AMZN Bull 2X Shares has a twelve month low of $21.28 and a twelve month high of $50.61. The company has a market capitalization of $256.62 million, a P/E ratio of 32.75 and a beta of -2.52. The stock's fifty day simple moving average is $38.55 and its 200 day simple moving average is $34.14.

Direxion Daily AMZN Bull 2X Shares Company Profile

The Direxion Daily AMZN Bull 1.5X Shares ETF (AMZU) is an exchange-traded fund that is based on the Amazon.com, Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Amazon stock. AMZU was launched on Sep 7, 2022 and is managed by Direxion.

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