Direxion Daily AVGO Bull 2X Shares (NASDAQ:AVL) Announces Quarterly Dividend of $12.18

Direxion Daily AVGO Bull 2X Shares (NASDAQ:AVL) declared a quarterly dividend on Tuesday, December 9th, NASDAQ Dividends reports. Investors of record on Wednesday, December 10th will be paid a dividend of 12.1813 per share on Wednesday, December 17th. This represents a c) dividend on an annualized basis and a dividend yield of 75.2%. The ex-dividend date of this dividend is Wednesday, December 10th. This is a 8,508.0% increase from Direxion Daily AVGO Bull 2X Shares’s previous quarterly dividend of $0.14.

Direxion Daily AVGO Bull 2X Shares Stock Down 13.0%

AVL traded down $9.70 on Wednesday, hitting $64.79. The company had a trading volume of 582,088 shares, compared to its average volume of 459,976. The business’s fifty day simple moving average is $60.39 and its 200 day simple moving average is $49.07. Direxion Daily AVGO Bull 2X Shares has a 12-month low of $10.68 and a 12-month high of $74.75. The company has a market cap of $140.59 million, a PE ratio of -3,239.50 and a beta of 9.35.

Direxion Daily AVGO Bull 2X Shares Company Profile

The Direxion Daily AVGO Bull 2X Shares (AVL) 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 Broadcom Inc stock. AVL was launched on Oct 10, 2024 and is issued by Direxion.