Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) Announces Quarterly Dividend of $0.20

Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) declared a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Investors of record on Tuesday, March 25th will be given a dividend of 0.2007 per share on Tuesday, April 1st. This represents a $0.80 annualized dividend and a yield of 2.28%. The ex-dividend date is Tuesday, March 25th.

Direxion Daily AMZN Bull 2X Shares Stock Performance

NASDAQ AMZU traded up $0.65 during trading on Tuesday, reaching $35.21. 843,027 shares of the company traded hands, compared to its average volume of 769,121. Direxion Daily AMZN Bull 2X Shares has a 1-year low of $22.12 and a 1-year high of $50.61. The company has a market cap of $156.68 million, a price-to-earnings ratio of 45.17 and a beta of -2.52. The stock’s 50 day moving average price is $41.04 and its two-hundred day moving average price is $38.90.

About Direxion Daily AMZN Bull 2X Shares

The Direxion Daily AMZN Bull 1.5X Shares ETF (AMZU) is an exchange-traded fund that is based on the Amazon.com, Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Amazon stock. AMZU was launched on Sep 7, 2022 and is managed by Direxion.