Direxion Daily AVGO Bull 2X Shares (NASDAQ:AVL) Announces Dividend Increase - $0.19 Per Share

Direxion Daily AVGO Bull 2X Shares (NASDAQ:AVL - Get Free Report) announced a quarterly dividend on Monday, June 23rd, NASDAQ Dividends reports. Investors of record on Tuesday, June 24th will be paid a dividend of 0.1904 per share on Tuesday, July 1st. This represents a $0.76 annualized dividend and a yield of 2.06%. The ex-dividend date of this dividend is Tuesday, June 24th. This is a 44.8% increase from Direxion Daily AVGO Bull 2X Shares's previous quarterly dividend of $0.13.

Direxion Daily AVGO Bull 2X Shares Stock Down 1.1%

NASDAQ:AVL traded down $0.42 during trading hours on Friday, reaching $36.93. 211,826 shares of the stock were exchanged, compared to its average volume of 580,099. The stock has a market capitalization of $116.33 million and a P/E ratio of -1,846.50. The firm has a 50 day simple moving average of $27.38 and a 200-day simple moving average of $27.09. Direxion Daily AVGO Bull 2X Shares has a 52 week low of $10.68 and a 52 week high of $41.49.

About Direxion Daily AVGO Bull 2X Shares

The Direxion Daily AVGO Bull 2X Shares (AVL) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Broadcom Inc stock. AVL was launched on Oct 10, 2024 and is issued by Direxion.