TECL Dividend History - Direxion Daily Technology

Track the latest TECL dividend history! 0.22% Dividend Yield, 24.84% Annual Growth - Explore TECL's complete dividend history

Yield 12m 0.22%
Cash Amount 12m 0.21
Dividend Growth 5y avg 24.84%
Dividend Rating 32.23%
Yield on Cost 5y 0.90%
Payout Ratio current -
Payout Frequency 12m 3
Payout Consistency 49.7%
Total Return 12m: 35.73%
#39 in Group
Total Return 5y: 288.59%
#13 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Trading--Leveraged Equity
Top Dividend Yield
Symbol Market Cap in USD Yield Yield on Cost
TECL 3,793m 0.22% 0.90%
FBL 136m 24.3% 225%
NVDL 5,705m 2.50% 43.1%
MSFU 139m 2.34% 4.24%
Top Dividend Grower
Symbol Market Cap in USD Grow Rating
TECL 3,793m 24.8% 32.2%
MSFU 139m 165% 50.6%
NVDU 727m 165% 55.6%
AMZU 189m 279% 46.5%

TECL Dividend History - Last 21 Dividends (Paid in USD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2024-06-25 2024-06-25 2024-07-02 Quarterly 0.098 -12.5% 0.1%
2024-03-19 2024-03-20 2024-03-26 Quarterly 0.112 57.7% 0.14%
2023-12-21 2023-12-22 2023-12-29 Quarterly 0.071 77.5% 0.11%
2023-06-21 2023-06-22 2023-06-28 Quarterly 0.04 -48.1% 0.08%
2023-03-21 2023-03-22 2023-03-28 Quarterly 0.077 57.1% 0.23%
2022-12-20 2022-12-21 2022-12-28 Other 0.049 -82.4% 0.22%
2021-12-09 2021-12-10 2021-12-16 Annual 0.279 46.8% 0.33%
2020-12-10 2020-12-11 2020-12-17 Annual 0.19 874.4% 0.05%
2020-03-24 2020-03-25 2020-03-31 Quarterly 0.0195 75.7% 0.02%
2019-12-23 2019-12-24 2019-12-31 Quarterly 0.0111 56.3%
2019-09-24 2019-09-25 2019-10-01 Quarterly 0.0071 -83.6%
2019-03-19 2019-03-20 2019-03-26 Quarterly 0.0433 273.3%
2018-09-25 2018-09-26 2018-10-02 Quarterly 0.0116 -58.7%
2018-06-19 2018-06-20 2018-06-26 Quarterly 0.0281 150.9%
2017-12-19 2017-12-20 2017-12-27 Quarterly 0.0112 -46.7%
2011-03-22 2011-03-24 2011-03-29 Other 0.021 64.9%
2010-06-22 2010-06-24 2010-06-29 Other 0.0128 -59.8%
2010-03-23 2010-03-25 2010-03-30 Other 0.0317 -78%
2009-11-20 2009-11-24 2009-11-30 Other 0.1439 79822.2%
2009-06-23 2009-06-25 2009-06-30 Quarterly 0.0002 50%
2009-03-24 2009-03-26 2009-03-31 Other 0.0001

TECL Dividend History - FAQ

What is the Dividend Yield of TECL?

As of December 2024 TECL`s Dividend Yield is 0.22%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of 0.21 USD by the current stock price of 95.02.

What is the long-term Dividend Growth Rate of TECL?

In the last 5 Years the Average Dividend Growth Rate was 24.84% per year. This shows that the dividend payments have been growing over time. It is a good sign, as it indicates that the dividend payments have been growing faster than the inflation rate.

How often does TECL pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) TECL paid 3 times a dividend.

What is the Yield on Cost of TECL?

The 5 Year Yield-On-Cost is 0.90%. That's the effective dividend income you'd receive today if you purchased Direxion Daily Technology five years ago. It is calculated by the Rate of the last 12 Months (0.21) divided by the price 5 years ago (23.40).

What is the Payout Consistency of TECL?

TECL has a Payout Consistency of 49.7%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of TECL?

The Overall Dividend Rating of 32.23 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does TECL have a good Dividend Yield?

TECL`s 0.22% Dividend Yield is considered as: low.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for TECL?

The next Dividend Date for TECL is unknown.

What is the Dividend Payout Ratio of TECL?

The Dividend Payout Ratio of TECL is unknown. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.