Direxion Daily MSFT Bull 2X Shares Announces Quarterly Dividend of $0.33 (NASDAQ:MSFU)

Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) declared a quarterly dividend on Monday, September 23rd, NASDAQ reports. Stockholders of record on Tuesday, September 24th will be given a dividend of 0.3293 per share on Tuesday, October 1st. This represents a $1.32 annualized dividend and a dividend yield of 2.99%. The ex-dividend date is Tuesday, September 24th.

Direxion Daily MSFT Bull 2X Shares Stock Performance

Shares of NASDAQ:MSFU traded down $1.16 during mid-day trading on Tuesday, hitting $44.09. The stock had a trading volume of 252,680 shares, compared to its average volume of 256,561. The company’s 50 day moving average is $43.16 and its 200-day moving average is $45.23. Direxion Daily MSFT Bull 2X Shares has a 12-month low of $30.31 and a 12-month high of $54.39. The company has a market cap of $101.41 million, a PE ratio of 43.52 and a beta of -2.33.

Direxion Daily MSFT Bull 2X Shares Company Profile

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.