Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) Announces $0.25 Quarterly Dividend

Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) announced a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 25th will be paid a dividend of 0.2456 per share on Tuesday, April 1st. This represents a $0.98 dividend on an annualized basis and a yield of 2.96%. The ex-dividend date is Tuesday, March 25th.

Direxion Daily MSFT Bull 2X Shares Trading Up 0.3 %

NASDAQ:MSFU traded up $0.11 during trading hours on Tuesday, hitting $33.21. 298,212 shares of the company were exchanged, compared to its average volume of 430,720. The company has a fifty day simple moving average of $36.36 and a 200 day simple moving average of $40.24. The stock has a market capitalization of $109.59 million, a price-to-earnings ratio of 33.29 and a beta of -2.33. Direxion Daily MSFT Bull 2X Shares has a one year low of $30.63 and a one year high of $54.39.

About Direxion Daily MSFT Bull 2X Shares

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.