Direxion Daily Semiconductors Bull 3x Shares (SOXL) Plans Quarterly Dividend of $0.45

Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) declared a quarterly dividend on Tuesday, September 25th, Wall Street Journal reports. Investors of record on Wednesday, September 26th will be given a dividend of 0.4521 per share on Tuesday, October 2nd. This represents a $1.81 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date of this dividend is Tuesday, September 25th. This is a boost from Direxion Daily Semiconductors Bull 3x Shares’s previous quarterly dividend of $0.35.

Shares of NYSEARCA:SOXL traded down $8.55 during midday trading on Tuesday, reaching $154.27. The company had a trading volume of 720,777 shares, compared to its average volume of 750,636. Direxion Daily Semiconductors Bull 3x Shares has a 1-year low of $101.63 and a 1-year high of $209.00.

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