Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) Announces Quarterly Dividend of $0.50

Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) declared a quarterly dividend on Monday, September 23rd, NASDAQ reports. Stockholders of record on Tuesday, September 24th will be paid a dividend of 0.4973 per share on Tuesday, October 1st. This represents a $1.99 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date of this dividend is Tuesday, September 24th. This is a boost from Direxion Daily NVDA Bull 2X Shares’s previous quarterly dividend of $0.48.

Direxion Daily NVDA Bull 2X Shares Trading Up 7.4 %

NASDAQ NVDU traded up $6.36 during trading hours on Tuesday, hitting $92.82. 795,759 shares of the company’s stock were exchanged, compared to its average volume of 601,808. The stock has a 50-day simple moving average of $90.56 and a 200 day simple moving average of $85.62. Direxion Daily NVDA Bull 2X Shares has a 1-year low of $20.18 and a 1-year high of $146.87.

Direxion Daily NVDA Bull 2X Shares Company Profile

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.