Direxion Daily NYSE FANG+ Bull 2X Shares (NYSEARCA:FNGG) Announces Quarterly Dividend of $22.73
by Scott Moore · The Cerbat GemDirexion Daily NYSE FANG+ Bull 2X Shares (NYSEARCA:FNGG – Get Free Report) declared a quarterly dividend on Tuesday, December 9th. Investors of record on Wednesday, December 10th will be paid a dividend of 22.7343 per share on Wednesday, December 17th. This represents a c) dividend on an annualized basis and a dividend yield of 40.5%. The ex-dividend date is Wednesday, December 10th. This is a 6,699.3% increase from Direxion Daily NYSE FANG+ Bull 2X Shares’s previous quarterly dividend of $0.33.
Direxion Daily NYSE FANG+ Bull 2X Shares Price Performance
FNGG traded down $27.18 on Wednesday, hitting $224.74. The company had a trading volume of 6,702 shares, compared to its average volume of 21,964. The stock has a market cap of $119.11 million, a price-to-earnings ratio of 42.08 and a beta of 2.67. The company’s fifty day moving average price is $248.18 and its 200 day moving average price is $226.27. Direxion Daily NYSE FANG+ Bull 2X Shares has a 1-year low of $96.49 and a 1-year high of $273.04.
About Direxion Daily NYSE FANG+ Bull 2X Shares
The Direxion Daily Select Large Caps & FANGs Bull 2X Shares (FNGG) is an exchange-traded fund that is based on the ICE FANG 20 index. The fund provides 2x the daily price movements of an equal-weighted index consists of FANG stocks and other growth stocks of technology and tech-enabled companies. FNGG was launched on Sep 30, 2021 and is managed by Direxion.
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