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

Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ) announced a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Stockholders 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 dividend yield of 4.39%. The ex-dividend date is Tuesday, March 25th.

Direxion Daily TSM Bear 1X Shares Trading Down 0.8 %

Shares of Direxion Daily TSM Bear 1X Shares stock traded down $0.19 during trading on Tuesday, hitting $22.39. 4,577 shares of the stock traded hands, compared to its average volume of 19,962. Direxion Daily TSM Bear 1X Shares has a 52 week low of $18.77 and a 52 week high of $24.53. The business has a fifty day simple moving average of $21.40.

About Direxion Daily TSM Bear 1X Shares

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.