Direxion Daily META Bull 2X Shares (NASDAQ:METU) to Issue $0.17 Quarterly Dividend

Direxion Daily META Bull 2X Shares (NASDAQ:METU) announced a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Stockholders of record on Tuesday, March 25th will be paid a dividend of 0.1737 per share on Tuesday, April 1st. This represents a $0.69 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date of this dividend is Tuesday, March 25th.

Direxion Daily META Bull 2X Shares Price Performance

NASDAQ:METU traded up $0.68 during mid-day trading on Tuesday, reaching $36.05. The company’s stock had a trading volume of 690,046 shares, compared to its average volume of 624,682. The stock has a market cap of $54.08 million and a P/E ratio of 24.28. The company’s fifty day simple moving average is $40.91 and its two-hundred day simple moving average is $36.26. Direxion Daily META Bull 2X Shares has a twelve month low of $20.85 and a twelve month high of $52.12.

Direxion Daily META Bull 2X Shares Company Profile

The Direxion Daily META Bull 2X Shares (METU) is an exchange-traded fund that is based on the Meta Platforms Inc Class A index. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of META stock. METU was launched on Jun 5, 2024 and is issued by Direxion.