Direxion Daily TSM Bull 2X ETF (NASDAQ:TSMX) to Issue $0.32 Quarterly Dividend

Direxion Daily TSM Bull 2X ETF (NASDAQ:TSMX) announced a quarterly dividend on Monday, September 21st. Stockholders of record on Tuesday, September 22nd will be paid a dividend of 0.3164 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, September 22nd.

Direxion Daily TSM Bull 2X ETF Stock Performance

Direxion Daily TSM Bull 2X ETF stock traded up $2.34 during midday trading on Tuesday, reaching $88.78. 493,609 shares of the company’s stock were exchanged, compared to its average volume of 833,592. Direxion Daily TSM Bull 2X ETF has a 52 week low of $40.92 and a 52 week high of $106.32. The firm has a market cap of $624.12 million, a price-to-earnings ratio of -4.12 and a beta of 3.13. The stock’s 50-day simple moving average is $77.43 and its 200 day simple moving average is $76.41.

Direxion Daily TSM Bull 2X ETF Company Profile

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.