Direxion Daily XOM Bull 2X ETF (NASDAQ:XOMX) Plans Dividend Increase – $0.28 Per Share

Direxion Daily XOM Bull 2X ETF (NASDAQ:XOMX) announced a quarterly dividend on Monday, September 21st. Stockholders of record on Tuesday, September 22nd will be paid a dividend of 0.2823 per share on Tuesday, September 29th. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Tuesday, September 22nd. This is a 30.9% increase from Direxion Daily XOM Bull 2X ETF’s previous quarterly dividend of $0.22.

Direxion Daily XOM Bull 2X ETF Trading Up 0.4%

XOMX stock traded up $0.20 during trading on Tuesday, hitting $45.57. The company had a trading volume of 11,502 shares, compared to its average volume of 35,214. The company has a fifty day moving average price of $46.11 and a two-hundred day moving average price of $44.33. Direxion Daily XOM Bull 2X ETF has a fifty-two week low of $24.92 and a fifty-two week high of $60.28. The company has a market cap of $6.84 million, a P/E ratio of 12.94 and a beta of -2.38.

About Direxion Daily XOM Bull 2X ETF

Direxion Daily XOM Bull 2X Shares is a leveraged exchange-traded fund (ETF) designed to provide daily investment results, before fees and expenses, of 200% of the performance of Exxon Mobil Corporation (NYSE: XOM) common shares. This fund offers amplified exposure to Exxon Mobil stock for active traders aiming to capitalize on short-term price movements. It is intended for knowledgeable investors who understand the risks of leverage, including volatility and compounding effects, and who actively monitor their portfolios.