Direxion Daily S&P 500 Bull 2X Shares (SPUU) Plans Quarterly Dividend of $0.22

Direxion Daily S&P 500 Bull 2X Shares (NYSEARCA:SPUU) declared a quarterly dividend on Wednesday, September 26th, Wall Street Journal reports. Stockholders of record on Wednesday, September 26th will be given a dividend of 0.2211 per share on Tuesday, October 2nd. This represents a $0.88 annualized dividend and a dividend yield of 1.57%. The ex-dividend date of this dividend is Tuesday, September 25th. This is an increase from Direxion Daily S&P 500 Bull 2X Shares’s previous quarterly dividend of $0.22.

Shares of NYSEARCA SPUU traded down $0.51 during trading hours on Wednesday, hitting $56.35. 6,049 shares of the company traded hands, compared to its average volume of 7,868. Direxion Daily S&P 500 Bull 2X Shares has a 12 month low of $43.51 and a 12 month high of $59.33.

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