Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAA) to Issue Quarterly Dividend of $2.35

Direxion Daily Uranium Industry Bull 2X Shares (NYSEARCA:URAA) announced a quarterly dividend on Tuesday, December 9th. Stockholders of record on Wednesday, December 10th will be given a dividend of 2.3466 per share on Wednesday, December 17th. This represents a c) annualized dividend and a dividend yield of 27.0%. The ex-dividend date is Wednesday, December 10th. This is a 11,721.4% increase from Direxion Daily Uranium Industry Bull 2X Shares’s previous quarterly dividend of $0.02.

Direxion Daily Uranium Industry Bull 2X Shares Trading Down 10.1%

Shares of URAA stock traded down $3.92 during trading hours on Wednesday, reaching $34.79. 69,587 shares of the stock were exchanged, compared to its average volume of 70,896. The firm has a market capitalization of $37.57 million, a price-to-earnings ratio of 26.93 and a beta of 4.93. Direxion Daily Uranium Industry Bull 2X Shares has a 12-month low of $8.73 and a 12-month high of $62.28. The company’s 50-day moving average price is $42.07 and its 200-day moving average price is $34.01.

About Direxion Daily Uranium Industry Bull 2X Shares

The Direxion Daily Uranium Industry Bull 2X Shares (URAA) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund aims for 2x leveraged daily exposure to a market-cap-weighted index of US-listed firms focused on uranium and nuclear energy. URAA was launched on Jun 26, 2024 and is issued by Direxion.