Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) Announces $0.25 Quarterly Dividend

Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) declared a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 25th will be given a dividend of 0.2456 per share on Tuesday, April 1st. This represents a $0.98 annualized dividend and a yield of 2.96%. The ex-dividend date is Tuesday, March 25th.

Direxion Daily MSFT Bull 2X Shares Price Performance

Shares of NASDAQ MSFU traded up $0.11 during midday trading on Tuesday, hitting $33.21. The stock had a trading volume of 298,212 shares, compared to its average volume of 430,720. Direxion Daily MSFT Bull 2X Shares has a fifty-two week low of $30.63 and a fifty-two week high of $54.39. The firm has a market cap of $109.59 million, a P/E ratio of 33.29 and a beta of -2.33. The company’s 50-day simple moving average is $36.36 and its 200 day simple moving average is $40.24.

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.