Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) Announces Quarterly Dividend of $2.30

Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) declared a quarterly dividend on Tuesday, December 9th. Stockholders of record on Wednesday, December 10th will be paid a dividend of 2.3002 per share on Wednesday, December 17th. This represents a c) dividend on an annualized basis and a dividend yield of 22.4%. The ex-dividend date is Wednesday, December 10th. This is a 1,102.6% increase from Direxion Daily MSFT Bull 2X Shares’s previous quarterly dividend of $0.19.

Direxion Daily MSFT Bull 2X Shares Stock Performance

MSFU traded down $4.79 on Wednesday, hitting $41.16. The company had a trading volume of 797,252 shares, compared to its average volume of 605,359. The stock has a market capitalization of $172.05 million, a price-to-earnings ratio of 42.77 and a beta of 1.67. The stock has a fifty day moving average price of $49.28 and a 200-day moving average price of $49.67. Direxion Daily MSFT Bull 2X Shares has a 12-month low of $25.06 and a 12-month high of $61.16.

Direxion Daily MSFT Bull 2X Shares Company Profile

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