Direxion Daily META Bull 2X ETF (NASDAQ:METU) Announces Dividend Increase – $0.17 Per Share

Direxion Daily META Bull 2X ETF (NASDAQ:METUGet Free Report) announced a quarterly dividend on Monday, September 21st. Shareholders of record on Tuesday, September 22nd will be given a dividend of 0.1718 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Tuesday, September 22nd. This is a 20.0% increase from Direxion Daily META Bull 2X ETF’s previous quarterly dividend of $0.14.

Direxion Daily META Bull 2X ETF Trading Down 1.8%

METU stock traded down $0.58 during trading on Tuesday, hitting $31.84. 6,716,192 shares of the stock traded hands, compared to its average volume of 4,898,132. The stock has a market cap of $554.02 million, a price-to-earnings ratio of 24.62 and a beta of 3.21. Direxion Daily META Bull 2X ETF has a one year low of $16.85 and a one year high of $47.08. The company has a 50 day simple moving average of $22.62 and a 200 day simple moving average of $24.21.

About Direxion Daily META Bull 2X ETF

(Get Free Report)

The Direxion Daily META Bull 2X Shares (METU) is an exchange-traded fund that is based on the Meta Platforms Inc Class A index. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of META stock. METU was launched on Jun 5, 2024 and is issued by Direxion.

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Dividend History for Direxion Daily META Bull 2X ETF (NASDAQ:METU)

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