Direxion Daily MSFT Bull 2X Shares Announces Quarterly Dividend of $0.13 (NASDAQ:MSFU)

Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) declared a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 24th will be given a dividend of 0.1301 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, March 24th.

Direxion Daily MSFT Bull 2X Shares Stock Down 5.9%

Shares of MSFU traded down $1.48 during midday trading on Tuesday, reaching $23.42. 5,793,755 shares of the stock were exchanged, compared to its average volume of 3,448,252. Direxion Daily MSFT Bull 2X Shares has a twelve month low of $23.31 and a twelve month high of $61.16. The company has a market cap of $190.17 million, a P/E ratio of 42.77 and a beta of 1.67. The stock’s 50 day simple moving average is $30.14 and its 200 day simple moving average is $41.35.

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.