Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) to Issue $0.20 Quarterly Dividend

Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) announced a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Stockholders of record on Tuesday, March 25th will be given a dividend of 0.2007 per share on Tuesday, April 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date is Tuesday, March 25th.

Direxion Daily AMZN Bull 2X Shares Stock Performance

Shares of AMZU stock traded up $0.65 on Tuesday, hitting $35.21. The company’s stock had a trading volume of 843,027 shares, compared to its average volume of 769,121. Direxion Daily AMZN Bull 2X Shares has a fifty-two week low of $22.12 and a fifty-two week high of $50.61. The company has a market capitalization of $156.68 million, a PE ratio of 45.17 and a beta of -2.52. The stock’s 50 day moving average is $41.04 and its 200-day moving average is $38.90.

About Direxion Daily AMZN Bull 2X Shares

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