Direxion Daily PANW Bull 2X ETF to Issue Quarterly Dividend of $0.11 (NASDAQ:PALU)

Direxion Daily PANW Bull 2X ETF (NASDAQ:PALU – Get Free Report) announced a quarterly dividend on Monday, September 21st. Stockholders of record on Tuesday, September 22nd will be given a dividend of 0.1078 per share on Tuesday, September 29th. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, September 22nd.

Direxion Daily PANW Bull 2X ETF Price Performance

Shares of NASDAQ PALU traded up $0.92 during midday trading on Tuesday, hitting $56.18. The company’s stock had a trading volume of 96,040 shares, compared to its average volume of 148,134. The business’s fifty day simple moving average is $52.95 and its two-hundred day simple moving average is $35.22. The firm has a market capitalization of $41.01 million, a price-to-earnings ratio of 60.46 and a beta of 3.24. Direxion Daily PANW Bull 2X ETF has a 1 year low of $9.85 and a 1 year high of $67.86.

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Direxion Daily PANW Bull 2X ETF Company Profile

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Direxion Shares ETF Trust – Direxion Daily PANW Bull 2X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across information technology, software and services sectors. It uses derivatives such as swaps and options to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization.

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