Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU) Announces Dividend Increase – $0.28 Per Share

Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU) declared a quarterly dividend on Monday, September 23rd, NASDAQ reports. Investors of record on Tuesday, September 24th will be given a dividend of 0.2818 per share on Tuesday, October 1st. This represents a $1.13 dividend on an annualized basis and a dividend yield of 3.11%. The ex-dividend date of this dividend is Tuesday, September 24th. This is an increase from Direxion Daily AAPL Bull 2X Shares’s previous quarterly dividend of $0.20.

Direxion Daily AAPL Bull 2X Shares Price Performance

AAPU stock remained flat at $36.28 during trading on Tuesday. The company’s stock had a trading volume of 532,636 shares, compared to its average volume of 631,065. The company has a 50-day moving average price of $35.47 and a two-hundred day moving average price of $30.08. The firm has a market cap of $145.12 million, a P/E ratio of 23.89 and a beta of -1.95. Direxion Daily AAPL Bull 2X Shares has a 1-year low of $20.48 and a 1-year high of $40.93.

About Direxion Daily AAPL Bull 2X Shares

The Direxion Daily AAPL Bull 1.5X Shares (AAPU) is an exchange-traded fund that is based on the Apple Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Apple stock. AAPU was launched on Aug 9, 2022 and is managed by Direxion.