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

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

Direxion Daily MSFT Bull 2X Shares Stock Up 0.3 %

Shares of MSFU opened at $33.21 on Wednesday. Direxion Daily MSFT Bull 2X Shares has a twelve month low of $30.63 and a twelve month high of $54.39. The company has a market capitalization of $109.59 million, a P/E ratio of 33.29 and a beta of -2.33. The firm has a 50 day moving average of $36.26 and a 200 day moving average of $40.20.

About Direxion Daily MSFT Bull 2X Shares

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.