Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL) Declares Dividend Increase - $0.36 Per Share

Key Points

• Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL) has announced a quarterly dividend of $0.36 per share, scheduled for payment on September 30th, which marks a 39.0% increase from the previous dividend of $0.26.
• The ex-dividend date is set for September 23rd, meaning shareholders must own the stock by this date to receive the upcoming dividend payment.
• As of midday trading, GGLL shares were priced at $67.79, with a market cap of approximately $732.13 million and a P/E ratio of 17.77.

Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL - Get Free Report) announced a quarterly dividend on Monday, September 22nd. Shareholders of record on Tuesday, September 23rd will be paid a dividend of 0.3596 per share on Tuesday, September 30th. This represents a c) annualized dividend and a yield of 2.1%. The ex-dividend date is Tuesday, September 23rd. This is a 39.0% increase from Direxion Daily GOOGL Bull 2X Shares's previous quarterly dividend of $0.26.

Direxion Daily GOOGL Bull 2X Shares Price Performance

Shares of NASDAQ:GGLL traded down $0.82 during midday trading on Tuesday, reaching $67.79. The company's stock had a trading volume of 607,544 shares, compared to its average volume of 1,934,295. Direxion Daily GOOGL Bull 2X Shares has a fifty-two week low of $23.60 and a fifty-two week high of $70.57. The company has a market capitalization of $732.13 million, a P/E ratio of 17.77 and a beta of -2.73. The business's fifty day simple moving average is $49.08 and its 200-day simple moving average is $37.74.

Direxion Daily GOOGL Bull 2X Shares Company Profile

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

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