Direxion Daily MSFT Bull 2X ETF (NASDAQ:MSFU) Declares Dividend Increase – $0.30 Per Share

Direxion Daily MSFT Bull 2X ETF (NASDAQ:MSFU) declared a quarterly dividend on Monday, September 21st. Shareholders of record on Tuesday, September 22nd will be given a dividend of 0.3033 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Tuesday, September 22nd. This is a 111.0% increase from Direxion Daily MSFT Bull 2X ETF’s previous quarterly dividend of $0.14.

Direxion Daily MSFT Bull 2X ETF Stock Performance

Shares of NASDAQ MSFU traded down $0.86 during mid-day trading on Tuesday, hitting $37.21. 3,580,642 shares of the stock traded hands, compared to its average volume of 5,617,030. The stock has a fifty day moving average price of $34.06 and a 200-day moving average price of $29.06. Direxion Daily MSFT Bull 2X ETF has a 52 week low of $19.47 and a 52 week high of $58.89. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 42.77 and a beta of 1.91.

Direxion Daily MSFT Bull 2X ETF Company Profile

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.