Direxion Daily META Bull 2X Shares (NASDAQ:METU) Raises Dividend to $0.25 Per Share

Direxion Daily META Bull 2X Shares (NASDAQ:METU - Get Free Report) declared a quarterly dividend on Monday, June 23rd, NASDAQ Dividends reports. Stockholders of record on Tuesday, June 24th will be paid a dividend of 0.2497 per share on Tuesday, July 1st. This represents a $1.00 annualized dividend and a dividend yield of 2.25%. The ex-dividend date of this dividend is Tuesday, June 24th. This is a 43.8% increase from Direxion Daily META Bull 2X Shares's previous quarterly dividend of $0.17.

Direxion Daily META Bull 2X Shares Price Performance

Shares of Direxion Daily META Bull 2X Shares stock traded up $0.26 during trading on Friday, hitting $44.34. The stock had a trading volume of 741,984 shares, compared to its average volume of 812,732. The business has a fifty day moving average of $34.54 and a two-hundred day moving average of $36.04. The firm has a market cap of $136.57 million and a P/E ratio of 24.62. Direxion Daily META Bull 2X Shares has a fifty-two week low of $20.11 and a fifty-two week high of $52.12.

About Direxion Daily META Bull 2X Shares

The Direxion Daily META Bull 2X Shares (METU) is an exchange-traded fund that is based on the Meta Platforms Inc Class A index. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of META stock. METU was launched on Jun 5, 2024 and is issued by Direxion.