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

Direxion Daily TSM Bear 1X Shares (NASDAQ:TSMZ) declared a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 25th will be given a dividend of 0.246 per share on Tuesday, April 1st. This represents a $0.98 annualized dividend 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

Shares of NASDAQ TSMZ opened at $22.39 on Wednesday. The company has a 50-day simple moving average of $21.42. Direxion Daily TSM Bear 1X Shares has a 52 week low of $18.77 and a 52 week high of $24.53.

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.