Direxion Daily AMZN Bull 2X Shares to Issue Quarterly Dividend of $0.20 (NASDAQ:AMZU)

Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) announced a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Stockholders of record on Tuesday, March 25th will be paid a dividend of 0.2007 per share on Tuesday, April 1st. This represents a $0.80 annualized dividend and a dividend yield of 2.28%. The ex-dividend date is Tuesday, March 25th.

Direxion Daily AMZN Bull 2X Shares Price Performance

Shares of AMZU traded up $0.65 during mid-day trading on Tuesday, hitting $35.21. 843,027 shares of the company’s stock were exchanged, compared to its average volume of 769,121. Direxion Daily AMZN Bull 2X Shares has a 52 week low of $22.12 and a 52 week high of $50.61. The company has a 50-day simple moving average of $41.04 and a 200 day simple moving average of $38.90. The company has a market cap of $156.68 million, a PE ratio of 45.17 and a beta of -2.52.

About Direxion Daily AMZN Bull 2X Shares

The Direxion Daily AMZN Bull 1.5X Shares ETF (AMZU) is an exchange-traded fund that is based on the Amazon.com, Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Amazon stock. AMZU was launched on Sep 7, 2022 and is managed by Direxion.