Direxion Daily MSFT Bull 2X Shares Plans Quarterly Dividend of $0.27 (NASDAQ:MSFU)

Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) announced a quarterly dividend on Monday, December 22nd. Shareholders of record on Tuesday, December 23rd will be given a dividend of 0.267 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Tuesday, December 23rd.

Direxion Daily MSFT Bull 2X Shares Stock Performance

Shares of MSFU traded down $0.04 during mid-day trading on Tuesday, hitting $42.03. 268,498 shares of the stock were exchanged, compared to its average volume of 610,520. The company has a market cap of $175.70 million, a PE ratio of 42.77 and a beta of 1.67. Direxion Daily MSFT Bull 2X Shares has a 52-week low of $25.06 and a 52-week high of $61.16. The firm has a 50-day moving average of $47.29 and a two-hundred day moving average of $49.55.

About Direxion Daily MSFT Bull 2X Shares

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.