Direxion Daily META Bull 2X ETF (NASDAQ:METU) to Issue Dividend Increase – $0.17 Per Share

by · The Markets Daily

Direxion Daily META Bull 2X ETF (NASDAQ:METU – Get Free Report) announced a quarterly dividend on Monday, September 21st. Shareholders of record on Tuesday, September 22nd will be paid a dividend of 0.1718 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Tuesday, September 22nd. This is a 20.0% increase from Direxion Daily META Bull 2X ETF’s previous quarterly dividend of $0.14.

Direxion Daily META Bull 2X ETF Price Performance

Shares of NASDAQ:METU traded down $0.58 on Tuesday, hitting $31.84. The company’s stock had a trading volume of 6,716,192 shares, compared to its average volume of 4,898,132. Direxion Daily META Bull 2X ETF has a 1 year low of $16.85 and a 1 year high of $47.08. The company has a market capitalization of $554.02 million, a PE ratio of 24.62 and a beta of 3.21. The company has a 50-day simple moving average of $22.62 and a 200 day simple moving average of $24.21.

About Direxion Daily META Bull 2X ETF

(Get Free Report)

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.

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