Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) Increases Dividend to $0.61 Per Share

Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU - Get Free Report) declared a quarterly dividend on Monday, June 23rd, NASDAQ Dividends reports. Shareholders of record on Tuesday, June 24th will be given a dividend of 0.6067 per share on Tuesday, July 1st. This represents a $2.43 annualized dividend and a yield of 2.78%. The ex-dividend date of this dividend is Tuesday, June 24th. This is a 44.4% increase from Direxion Daily NVDA Bull 2X Shares's previous quarterly dividend of $0.42.

Direxion Daily NVDA Bull 2X Shares Price Performance

Shares of Direxion Daily NVDA Bull 2X Shares stock traded up $3.63 during trading hours on Tuesday, hitting $87.14. The company's stock had a trading volume of 868,744 shares, compared to its average volume of 1,389,867. Direxion Daily NVDA Bull 2X Shares has a 12 month low of $32.63 and a 12 month high of $142.52. The company has a market capitalization of $782.52 million, a PE ratio of 42.98 and a beta of 4.15. The stock has a 50 day moving average of $66.81 and a 200 day moving average of $74.56.

Direxion Daily NVDA Bull 2X Shares Company Profile

The Direxion Daily NVDA Bull 2X Shares (NVDU) 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 NVIDIA stock. NVDU was launched on Sep 13, 2023 and is issued by Direxion.

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