Direxion Daily NVDA Bull 2X Shares (NVDU) to Issue Quarterly Dividend of $0.50 on October 1st

Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) declared a quarterly dividend on Monday, September 23rd, NASDAQ reports. Shareholders of record on Tuesday, September 24th will be given a dividend of 0.4973 per share on Tuesday, October 1st. This represents a $1.99 annualized dividend and a dividend yield of 2.14%. The ex-dividend date is Tuesday, September 24th. This is a positive change from Direxion Daily NVDA Bull 2X Shares’s previous quarterly dividend of $0.48.

Direxion Daily NVDA Bull 2X Shares Trading Up 7.9 %

Shares of NASDAQ NVDU opened at $92.82 on Wednesday. The business’s fifty day simple moving average is $90.56 and its 200-day simple moving average is $85.62. Direxion Daily NVDA Bull 2X Shares has a 12-month low of $20.18 and a 12-month high of $146.87.

About Direxion Daily NVDA Bull 2X Shares

The Direxion Daily NVDA Bull 2X Shares (NVDU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of NVIDIA stock. NVDU was launched on Sep 13, 2023 and is issued by Direxion.