Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX) to Issue Quarterly Dividend of $0.19

Key Points

• Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX) announced a quarterly dividend of $0.19 per share, payable on September 30 for investors of record as of September 23.
• As of Tuesday, TSMX's stock price rose to $48.38, with a twelve-month high of $49.43 and a market cap of $163.52 million.
• TSMX is an exchange-traded fund that provides 2x leveraged exposure to the daily price movement of Taiwan Semiconductor Manufacturing (TSM) stock, primarily investing in information technology equity.

Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX - ) declared a quarterly dividend on Monday, September 22nd, NASDAQ Dividends reports. Investors of record on Tuesday, September 23rd will be paid a dividend of 0.1917 per share on Tuesday, September 30th. This represents a c) annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Tuesday, September 23rd.

Direxion Daily TSM Bull 2X Shares Stock Performance

NASDAQ:TSMX traded up $3.14 during trading hours on Tuesday, hitting $48.38. 731,045 shares of the company's stock traded hands, compared to its average volume of 621,641. Direxion Daily TSM Bull 2X Shares has a twelve month low of $12.15 and a twelve month high of $49.43. The stock's fifty day moving average price is $36.45 and its two-hundred day moving average price is $27.96. The firm has a market cap of $163.52 million and a P/E ratio of -2.24.

Direxion Daily TSM Bull 2X Shares 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.

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