Direxion Large Cap Bull 3X Shares (SPXL) to Issue $0.12 Quarterly Dividend
Direxion Large Cap Bull 3X Shares (NYSEARCA:SPXL) declared a quarterly dividend on Tuesday, December 19th, Wall Street Journal reports. Stockholders of record on Wednesday, December 20th will be paid a dividend of 0.1151 per share on Wednesday, December 27th. This represents a $0.46 annualized dividend and a dividend yield of 1.03%. The ex-dividend date is Tuesday, December 19th.
Shares of Direxion Large Cap Bull 3X Shares (NYSEARCA:SPXL) traded down $0.62 during mid-day trading on Tuesday, hitting $44.52. 3,141,356 shares of the stock traded hands, compared to its average volume of 2,012,114. Direxion Large Cap Bull 3X Shares has a 1-year low of $26.63 and a 1-year high of $45.65.
About Direxion Large Cap Bull 3X Shares
Direxion Daily S&P 500 Bull 3X Shares, formerly Direxion Daily Large Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification.
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