Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) to Issue $0.19 Quarterly Dividend

Key Points

• Direxion Daily MSFT Bull 2X Shares (NASDAQ: MSFU) announced a quarterly dividend of $0.19 per share, payable on September 30th to stockholders of record on September 23rd.
• The ETF has a current market capitalization of $128.90 million and is designed to provide 1.5x leveraged exposure to Microsoft Corporation's stock price movements.
• As of the latest trading session, the stock price was $50.55, reflecting a decrease of $1.21, with a 52-week range between a low of $25.06 and a high of $61.16.

Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU - Get Free Report) declared a quarterly dividend on Monday, September 22nd. Stockholders of record on Tuesday, September 23rd will be paid a dividend of 0.1913 per share on Tuesday, September 30th. This represents a c) annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Tuesday, September 23rd.

Direxion Daily MSFT Bull 2X Shares Price Performance

NASDAQ MSFU traded down $1.21 on Tuesday, hitting $50.55. 528,961 shares of the stock were exchanged, compared to its average volume of 548,226. The company has a market capitalization of $128.90 million, a price-to-earnings ratio of 42.77 and a beta of -2.33. The company's 50-day moving average price is $51.90 and its two-hundred day moving average price is $43.35. Direxion Daily MSFT Bull 2X Shares has a 52-week low of $25.06 and a 52-week high of $61.16.

About Direxion Daily MSFT Bull 2X Shares

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

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