Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) Raises Dividend to $0.30 Per Share

Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) announced a quarterly dividend on Monday, September 23rd, NASDAQ reports. Investors of record on Tuesday, September 24th will be given a dividend of 0.3042 per share on Tuesday, October 1st. This represents a $1.22 annualized dividend and a yield of 3.45%. The ex-dividend date is Tuesday, September 24th. This is a positive change from Direxion Daily AMZN Bull 2X Shares’s previous quarterly dividend of $0.25.

Direxion Daily AMZN Bull 2X Shares Stock Performance

Direxion Daily AMZN Bull 2X Shares stock traded down $0.29 during midday trading on Tuesday, hitting $35.25. 517,786 shares of the company’s stock were exchanged, compared to its average volume of 525,597. The stock has a market cap of $185.06 million, a price-to-earnings ratio of 120.98 and a beta of -2.52. Direxion Daily AMZN Bull 2X Shares has a 12-month low of $19.37 and a 12-month high of $40.20. The firm’s 50 day simple moving average is $30.83 and its 200 day simple moving average is $33.45.

Direxion Daily AMZN Bull 2X Shares Company Profile

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.