Direxion Daily AMZN Bull 2X ETF (NASDAQ:AMZU) Increases Dividend to $0.19 Per Share

Direxion Daily AMZN Bull 2X ETF (NASDAQ:AMZU) declared a quarterly dividend on Monday, September 21st. Stockholders of record on Tuesday, September 22nd will be given a dividend of 0.1914 per share on Tuesday, September 29th. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Tuesday, September 22nd. This is a 11.1% increase from Direxion Daily AMZN Bull 2X ETF’s previous quarterly dividend of $0.17.

Direxion Daily AMZN Bull 2X ETF Price Performance

Shares of AMZU traded down $1.18 during mid-day trading on Tuesday, hitting $35.76. The company’s stock had a trading volume of 3,158,727 shares, compared to its average volume of 3,076,708. The firm has a 50-day moving average price of $37.15 and a 200 day moving average price of $36.02. The stock has a market capitalization of $269.99 million, a price-to-earnings ratio of 32.75 and a beta of 2.47. Direxion Daily AMZN Bull 2X ETF has a fifty-two week low of $24.54 and a fifty-two week high of $47.14.

Direxion Daily AMZN Bull 2X ETF Company Profile

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