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

Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU - Get Free Report) declared a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Stockholders 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 dividend yield of 3.23%. The ex-dividend date of this dividend is Tuesday, March 25th.

Direxion Daily MSFT Bull 2X Shares Trading Down 6.2 %

NASDAQ:MSFU traded down $2.00 during mid-day trading on Friday, hitting $30.43. The stock had a trading volume of 395,132 shares, compared to its average volume of 433,908. The company has a 50 day simple moving average of $35.76 and a 200-day simple moving average of $40.01. The stock has a market capitalization of $100.42 million, a price-to-earnings ratio of 32.72 and a beta of -2.33. Direxion Daily MSFT Bull 2X Shares has a 52 week low of $30.14 and a 52 week high of $54.39.

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.