Direxion Daily META Bull 2X Shares (NASDAQ:METU) to Issue Quarterly Dividend of $0.17

Direxion Daily META Bull 2X Shares (NASDAQ:METU) announced a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Investors of record on Tuesday, March 25th will be given a dividend of 0.1737 per share on Tuesday, April 1st. This represents a $0.69 annualized dividend and a dividend yield of 1.93%. The ex-dividend date is Tuesday, March 25th.

Direxion Daily META Bull 2X Shares Price Performance

Shares of NASDAQ METU traded up $0.68 on Tuesday, hitting $36.05. The company’s stock had a trading volume of 690,046 shares, compared to its average volume of 624,682. The stock has a 50 day moving average of $40.91 and a 200-day moving average of $36.26. Direxion Daily META Bull 2X Shares has a 12-month low of $20.85 and a 12-month high of $52.12. The company has a market capitalization of $54.08 million and a price-to-earnings ratio of 24.28.

About Direxion Daily META Bull 2X Shares

The Direxion Daily META Bull 2X Shares (METU) is an exchange-traded fund that is based on the Meta Platforms Inc Class A index. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of META stock. METU was launched on Jun 5, 2024 and is issued by Direxion.