Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) Announces $0.13 Quarterly Dividend

Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) declared a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Investors of record on Tuesday, March 24th will be paid a dividend of 0.1301 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Tuesday, March 24th.

Direxion Daily MSFT Bull 2X Shares Trading Down 5.9%

MSFU stock traded down $1.48 during midday trading on Tuesday, hitting $23.42. The stock had a trading volume of 5,793,755 shares, compared to its average volume of 3,448,252. The firm has a market capitalization of $190.17 million, a price-to-earnings ratio of 42.77 and a beta of 1.67. Direxion Daily MSFT Bull 2X Shares has a 52 week low of $23.31 and a 52 week high of $61.16. The stock has a 50-day simple moving average of $30.14 and a 200 day simple moving average of $41.35.

Direxion Daily MSFT Bull 2X Shares 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.