Direxion Daily NVDA Bull 2X Shares Plans Quarterly Dividend of $0.42 (NASDAQ:NVDU)

Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) announced a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Investors of record on Tuesday, March 25th will be paid a dividend of 0.4201 per share on Tuesday, April 1st. This represents a $1.68 dividend on an annualized basis and a dividend yield of 2.58%. The ex-dividend date is Tuesday, March 25th.

Direxion Daily NVDA Bull 2X Shares Stock Performance

NVDU traded down $1.03 during mid-day trading on Tuesday, reaching $65.17. The stock had a trading volume of 755,976 shares, compared to its average volume of 1,511,015. The firm’s fifty day simple moving average is $77.23 and its two-hundred day simple moving average is $96.94. The stock has a market capitalization of $488.78 million, a P/E ratio of 43.89 and a beta of 4.15. Direxion Daily NVDA Bull 2X Shares has a 52 week low of $44.91 and a 52 week high of $146.87.

Direxion Daily NVDA Bull 2X Shares Company Profile

The Direxion Daily NVDA Bull 2X Shares (NVDU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of NVIDIA stock. NVDU was launched on Sep 13, 2023 and is issued by Direxion.