Direxion Daily AVGO Bull 2X Shares (NASDAQ:AVL) Raises Dividend to $0.26 Per Share

Direxion Daily AVGO Bull 2X Shares (NASDAQ:AVL) announced a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Investors of record on Tuesday, March 24th will be given a dividend of 0.2562 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Tuesday, March 24th. This is a 61.7% increase from Direxion Daily AVGO Bull 2X Shares’s previous quarterly dividend of $0.16.

Direxion Daily AVGO Bull 2X Shares Trading Down 3.1%

AVL stock traded down $1.12 during mid-day trading on Tuesday, reaching $35.07. The company’s stock had a trading volume of 264,952 shares, compared to its average volume of 620,426. Direxion Daily AVGO Bull 2X Shares has a 12 month low of $10.68 and a 12 month high of $74.75. The business’s 50 day moving average price is $38.78 and its 200 day moving average price is $49.91. The company has a market cap of $177.10 million, a price-to-earnings ratio of -1,753.50 and a beta of 9.35.

Direxion Daily AVGO Bull 2X Shares Company Profile

The Direxion Daily AVGO Bull 2X Shares (AVL) 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 Broadcom Inc stock. AVL was launched on Oct 10, 2024 and is issued by Direxion.