Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX) Plans $0.14 Quarterly Dividend

Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX) announced a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 25th will be paid a dividend of 0.137 per share on Tuesday, April 1st. This represents a $0.55 dividend on an annualized basis and a yield of 2.41%. The ex-dividend date of this dividend is Tuesday, March 25th.

Direxion Daily TSM Bull 2X Shares Stock Down 0.7 %

TSMX traded down $0.16 on Tuesday, reaching $22.71. The company’s stock had a trading volume of 324,788 shares, compared to its average volume of 789,378. Direxion Daily TSM Bull 2X Shares has a fifty-two week low of $19.69 and a fifty-two week high of $38.15. The business has a 50 day simple moving average of $27.60. The company has a market capitalization of $77.67 million and a P/E ratio of -1.05.

About Direxion Daily TSM Bull 2X Shares

The Direxion Daily TSM Bull 2X Shares (TSMX) 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 Taiwan Semiconductor Manufacturing (TSM) stock. TSMX was launched on Oct 3, 2024 and is issued by Direxion.