Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU) Increases Dividend to $0.36 Per Share

Key Points

• Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU) has increased its quarterly dividend to $0.36 per share, representing a 14.3% increase from the previous dividend of $0.32.
• The ex-dividend date is set for September 23rd, with stockholders of record receiving the dividend on September 30th.
• On the day of the announcement, PLTU shares rose by 3.2% to reach a price of $102.42.

Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU - ) announced a quarterly dividend on Monday, September 22nd, NASDAQ Dividends reports. Stockholders of record on Tuesday, September 23rd will be given a dividend of 0.3624 per share on Tuesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Tuesday, September 23rd. This is a 14.3% increase from Direxion Daily PLTR Bull 2X Shares's previous quarterly dividend of $0.32.

Direxion Daily PLTR Bull 2X Shares Stock Up 3.2%

Shares of NASDAQ:PLTU traded up $3.20 during midday trading on Tuesday, reaching $102.42. The company's stock had a trading volume of 2,408,996 shares, compared to its average volume of 3,376,332. Direxion Daily PLTR Bull 2X Shares has a fifty-two week low of $16.61 and a fifty-two week high of $114.66. The firm has a 50 day moving average price of $85.66 and a two-hundred day moving average price of $60.55.

About Direxion Daily PLTR Bull 2X Shares

The Direxion Daily PLTR Bull 2X Shares (PLTU) 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 Palantir Technologies Stock. PLTU was launched on Dec 11, 2024 and is issued by Direxion.

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