Direxion Daily NVDA Bull 2X ETF (NASDAQ:NVDU) Plans Dividend Increase – $0.70 Per Share

Direxion Daily NVDA Bull 2X ETF (NASDAQ:NVDU) declared a quarterly dividend on Monday, September 21st. Stockholders of record on Tuesday, September 22nd will be paid a dividend of 0.6982 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Tuesday, September 22nd. This is a 0.6% increase from Direxion Daily NVDA Bull 2X ETF’s previous quarterly dividend of $0.69.

Direxion Daily NVDA Bull 2X ETF Trading Up 0.7%

NASDAQ:NVDU traded up $1.00 during mid-day trading on Tuesday, reaching $146.50. The company’s stock had a trading volume of 248,271 shares, compared to its average volume of 451,131. The stock has a market cap of $556.70 million, a P/E ratio of 42.98 and a beta of 3.81. The firm’s fifty day moving average price is $133.26 and its two-hundred day moving average price is $126.96. Direxion Daily NVDA Bull 2X ETF has a 12-month low of $86.02 and a 12-month high of $172.89.

Direxion Daily NVDA Bull 2X ETF 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.