Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) Announces $0.42 Quarterly Dividend

Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) declared a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Investors of record on Tuesday, March 25th will be paid a dividend of 0.4201 per share on Tuesday, April 1st. This represents a $1.68 dividend on an annualized basis and a dividend yield of 2.58%. The ex-dividend date of this dividend is Tuesday, March 25th.

Direxion Daily NVDA Bull 2X Shares Stock Down 1.6 %

NASDAQ:NVDU traded down $1.03 during trading hours on Tuesday, reaching $65.17. The company had a trading volume of 755,976 shares, compared to its average volume of 1,511,015. The firm has a market capitalization of $488.78 million, a PE ratio of 43.89 and a beta of 4.15. The stock has a 50-day moving average of $77.23 and a two-hundred day moving average of $96.94. Direxion Daily NVDA Bull 2X Shares has a one year low of $44.91 and a one year high of $146.87.

About Direxion Daily NVDA Bull 2X Shares

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.