Hydrogen ETF Dividend Announcement Sparks Investor Interest
Key Ideas
  • Hydrogen ETF/Direxion Shares Exchange Traded Fund Trust declared a dividend of $0.0802 per share, signaling investor confidence.
  • The dividend amount increased by $0.0621 from the last payout, showcasing a positive trend in dividends for shareholders.
  • With a current dividend yield of 1.637%, the ETF has paid dividends since 2021 and has consistently increased dividends for the past 2 years.
  • Despite the stock price closing at $10.99, the ETF's dividend performance remains a highlight, attracting potential investors.
On June 24, 2024, the Hydrogen ETF/Direxion Shares Exchange Traded Fund Trust (NYSE:HJEN) announced a dividend of $0.0802 per share, payable on July 02, 2024, to shareholders of record as of June 25, 2024. This dividend amount represented an increase of $0.0621 from the previous dividend payout. The ETF has been consistently paying dividends since 2021 and currently offers a dividend yield of 1.6378526688%. Moreover, the ETF has a track record of increasing dividends for two successive years, indicating a positive outlook for investors. Despite the stock price closing at $10.99 and having a 52-week range of $9.96 to $14.68, the focus on dividends showcases the ETF's commitment to rewarding shareholders. The dividend declaration date for the ETF was June 24, 2024, with the ex-dividend date and record date both set for June 25, 2024. This dividend payment reaffirms the ETF's dedication to providing value to its investors.
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