Direxion Daily META Bull 2X Shares (NASDAQ:METU) to Issue Quarterly Dividend of $0.22

Key Points

• Direxion Daily META Bull 2X Shares (NASDAQ:METU) announced a quarterly dividend of $0.22, payable to shareholders of record on September 23rd.
• The stock has recently traded down by 2.9%, reaching a price of $45.30, with a market capitalization of $137.26 million.
• This exchange-traded fund (ETF) offers 2x leveraged exposure to the daily price movements of Meta Platforms Inc Class A stock.

Direxion Daily META Bull 2X Shares (NASDAQ:METU - Get Free Report) declared a quarterly dividend on Monday, September 22nd, NASDAQ Dividends reports. Shareholders of record on Tuesday, September 23rd will be paid a dividend of 0.2229 per share on Tuesday, September 30th. This represents a c) annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, September 23rd.

Direxion Daily META Bull 2X Shares Trading Down 2.9%

METU traded down $1.35 during trading on Tuesday, hitting $45.30. The stock had a trading volume of 532,091 shares, compared to its average volume of 760,410. Direxion Daily META Bull 2X Shares has a 12 month low of $20.11 and a 12 month high of $52.12. The firm has a market cap of $137.26 million and a PE ratio of 24.62. The company has a 50 day simple moving average of $45.34 and a 200-day simple moving average of $38.01.

Direxion Daily META Bull 2X Shares Company Profile

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.

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