Direxion Daily NFLX Bull 2X Shares (NASDAQ:NFXL) Increases Dividend to $0.19 Per Share

Direxion Daily NFLX Bull 2X Shares (NASDAQ:NFXL) declared a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Stockholders of record on Tuesday, March 24th will be paid a dividend of 0.1899 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Tuesday, March 24th. This is a 11.6% increase from Direxion Daily NFLX Bull 2X Shares’s previous quarterly dividend of $0.17.

Direxion Daily NFLX Bull 2X Shares Stock Performance

Shares of Direxion Daily NFLX Bull 2X Shares stock traded down $1.66 on Tuesday, hitting $27.02. 362,919 shares of the company traded hands, compared to its average volume of 1,133,403. Direxion Daily NFLX Bull 2X Shares has a 12-month low of $19.07 and a 12-month high of $73.71. The firm’s 50-day simple moving average is $25.74 and its 200 day simple moving average is $38.39.

Direxion Daily NFLX Bull 2X Shares Company Profile

The Direxion Daily NFLX Bull 2X Shares (NFXL) is an exchange-traded fund that mostly invests in communication services equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Netflix stock. NFXL was launched on Oct 3, 2024 and is issued by Direxion.