Direxion Daily AAPL Bull 2X ETF (NASDAQ:AAPU) to Issue Quarterly Dividend of $0.19

Direxion Daily AAPL Bull 2X ETF (NASDAQ:AAPU) announced a quarterly dividend on Monday, September 21st. Stockholders of record on Tuesday, September 22nd will be given a dividend of 0.1887 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Tuesday, September 22nd.

Direxion Daily AAPL Bull 2X ETF Stock Performance

AAPU stock traded down $0.05 during midday trading on Tuesday, hitting $46.12. 1,117,685 shares of the stock were exchanged, compared to its average volume of 2,124,344. The stock has a market cap of $186.79 million, a price-to-earnings ratio of 25.83 and a beta of 1.75. Direxion Daily AAPL Bull 2X ETF has a fifty-two week low of $26.20 and a fifty-two week high of $48.89. The stock’s 50-day moving average price is $41.95 and its 200-day moving average price is $36.93.

About Direxion Daily AAPL Bull 2X ETF

The Direxion Daily AAPL Bull 1.5X Shares (AAPU) is an exchange-traded fund that is based on the Apple Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Apple stock. AAPU was launched on Aug 9, 2022 and is managed by Direxion.