STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
-
Forward Annual Dividend Rate
-
Yield
Trailing Annual Dividend Yield
N/A
Forward Annual Dividend Yield
N/A
Dividend Date
Dividend Date
Mar 26, 2024
Ex-dividend Date
Mar 19, 2024
N/A %
N/A
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Jan 19, 2024 | 0.391 | Mar 19, 2024 | Mar 20, 2024 | Mar 26, 2024 |
| Dec 20, 2023 | 0.336 | Dec 21, 2023 | Dec 22, 2023 | Dec 29, 2023 |
| Sep 18, 2023 | 0.23 | Sep 19, 2023 | Sep 20, 2023 | Sep 26, 2023 |
| Jun 20, 2023 | 0.163 | Jun 21, 2023 | Jun 22, 2023 | Jun 28, 2023 |
| Mar 23, 2023 | 0.163 | Jun 21, 2023 | Jun 22, 2023 | Jun 28, 2023 |
| Mar 20, 2023 | 0.076 | Mar 21, 2023 | Mar 22, 2023 | Mar 28, 2023 |
| Dec 08, 2021 | 1.181 | Dec 09, 2021 | Dec 10, 2021 | Dec 16, 2021 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Feb 13, 2023 | 1:10 | -2.33% | +7.36% |
Frequently Asked Questions
Is Direxion Daily Select Large Caps & FANGs Bull 2X Shares (FNGG) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Direxion Daily Select Large Caps & FANGs Bull 2X Shares is also among the companies that regularly pay dividends.
What is FNGG's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. FNGG's annual dividend yield for the trailing 12 months is N/A.
When did FNGG last pay a dividend?
FNGG last paid dividends on 2024-03-26, with the ex-dividend date being 2024-03-19.
When was the last time FNGG stock split?
FNGG stock split took place on 13-02-2023.
How did FNGG's stock split work?
Its last split took place on Feb 13, 2023, when Direxion Daily Select Large Caps & FANGs Bull 2X Shares went through a 1:10 split leaving the shareholder with 1 share(s) who previously owned 10 FNGG share(s).