Direxion Daily META Bull 2X Shares (NASDAQ:METU) Announces Quarterly Dividend of $0.11

Direxion Daily META Bull 2X Shares (NASDAQ:METU) declared a quarterly dividend on Tuesday, December 9th, NASDAQ Dividends reports. Investors of record on Wednesday, December 10th will be given a dividend of 0.1094 per share on Wednesday, December 17th. This represents a c) dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, December 10th.

Direxion Daily META Bull 2X Shares Price Performance

METU stock traded down $0.77 during midday trading on Wednesday, hitting $31.57. The company’s stock had a trading volume of 3,291,306 shares, compared to its average volume of 1,743,153. The company’s fifty day moving average price is $34.80 and its 200 day moving average price is $40.43. Direxion Daily META Bull 2X Shares has a twelve month low of $20.11 and a twelve month high of $52.12. The stock has a market capitalization of $208.36 million, a P/E ratio of 24.62 and a beta of 4.09.

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.