Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX) Plans Quarterly Dividend of $0.24

Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX) announced a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 24th will be paid a dividend of 0.2398 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Tuesday, March 24th.

Direxion Daily TSM Bull 2X Shares Trading Up 2.4%

Shares of TSMX stock traded up $1.41 during trading hours on Tuesday, hitting $59.46. The company’s stock had a trading volume of 711,372 shares, compared to its average volume of 771,833. The business has a fifty day moving average of $63.20 and a 200-day moving average of $53.79. Direxion Daily TSM Bull 2X Shares has a twelve month low of $12.15 and a twelve month high of $78.56. The stock has a market cap of $303.25 million, a price-to-earnings ratio of -2.76 and a beta of 7.50.

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.