Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ) Announces Quarterly Dividend of $0.25

Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ) declared a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Investors of record on Tuesday, March 25th will be paid a dividend of 0.246 per share on Tuesday, April 1st. This represents a $0.98 dividend on an annualized basis and a yield of 4.39%. The ex-dividend date of this dividend is Tuesday, March 25th.

Direxion Daily TSM Bear 1X Shares Stock Performance

Direxion Daily TSM Bear 1X Shares stock traded down $0.19 during mid-day trading on Tuesday, hitting $22.39. The stock had a trading volume of 4,577 shares, compared to its average volume of 19,962. Direxion Daily TSM Bear 1X Shares has a one year low of $18.77 and a one year high of $24.53. The company has a 50 day moving average of $21.40.

Direxion Daily TSM Bear 1X Shares Company Profile

The Direxion Daily TSM Bear 1X Shares (TSMZ) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Taiwan Semiconductor Manufacturing (TSM) stock. TSMZ was launched on Oct 3, 2024 and is issued by Direxion.