Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL) Raises Dividend to $0.58 Per Share

Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL) announced a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Stockholders of record on Tuesday, March 24th will be paid a dividend of 0.5798 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Tuesday, March 24th. This is a 68.5% increase from Direxion Daily GOOGL Bull 2X Shares’s previous quarterly dividend of $0.34.

Direxion Daily GOOGL Bull 2X Shares Price Performance

Shares of NASDAQ GGLL traded down $7.36 during mid-day trading on Tuesday, hitting $80.24. The company had a trading volume of 1,258,195 shares, compared to its average volume of 1,596,817. The stock has a market cap of $836.90 million, a price-to-earnings ratio of 17.77 and a beta of 1.33. Direxion Daily GOOGL Bull 2X Shares has a 12 month low of $23.60 and a 12 month high of $119.12. The firm’s 50 day simple moving average is $97.92 and its two-hundred day simple moving average is $88.24.

Direxion Daily GOOGL Bull 2X Shares Company Profile

The Direxion Daily GOOGL Bull 1.5X Shares ETF (GGLL) is an exchange-traded fund that is based on the Alphabet Inc Class A index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Google stock. GGLL was launched on Sep 7, 2022 and is managed by Direxion.