Direxion Daily META Bull 2X Shares (NASDAQ:METU) Plans Quarterly Dividend of $0.17

Direxion Daily META Bull 2X Shares (NASDAQ:METU) declared a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 25th will be given a dividend of 0.1737 per share on Tuesday, April 1st. This represents a $0.69 annualized dividend and a yield of 1.93%. The ex-dividend date of this dividend is Tuesday, March 25th.

Direxion Daily META Bull 2X Shares Stock Up 1.9 %

METU traded up $0.68 during midday trading on Tuesday, hitting $36.05. 690,046 shares of the company were exchanged, compared to its average volume of 624,682. The firm’s 50 day moving average price is $40.91 and its 200-day moving average price is $36.26. Direxion Daily META Bull 2X Shares has a 1-year low of $20.85 and a 1-year high of $52.12. The firm has a market capitalization of $54.08 million and a P/E ratio of 24.28.

About Direxion Daily META Bull 2X Shares

The Direxion Daily META Bull 2X Shares (METU) is an exchange-traded fund that is based on the Meta Platforms Inc Class A index. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of META stock. METU was launched on Jun 5, 2024 and is issued by Direxion.