STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
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Forward Annual Dividend Rate
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Yield
Trailing Annual Dividend Yield
N/A
Forward Annual Dividend Yield
N/A
Dividend Date
Dividend Date
N/A
Ex-dividend Date
N/A
N/A %
N/A
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Mar 02, 2021 | 10:1 | +4.13% | -6.31% |
| May 20, 2015 | 4:1 | -1.26% | +1.52% |
| May 05, 2010 | 4:1 | -5.25% | -8.16% |
Frequently Asked Questions
Is Direxion Daily Technology Bull 3X ETF (TECL) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Direxion Daily Technology Bull 3X ETF is also among the companies that do not pay dividends.
What is TECL's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. TECL's annual dividend yield for the trailing 12 months is N/A.
When did TECL last pay a dividend?
TECL last paid dividends on undefined, with the ex-dividend date being undefined.
When was the last time TECL stock split?
TECL stock split took place on 02-03-2021.
How did TECL's stock split work?
Its last split took place on Mar 2, 2021, when Direxion Daily Technology Bull 3X ETF went through a 10:1 split leaving the shareholder with 10 share(s) who previously owned 1 TECL share(s).