Direxion Daily Financial Bear 3X Shares (FAZ) Dividend History
FAZ latest distribution
Paid. Next quarterly distribution expected around mid-December 2026 (not yet announced).
- 2.89%trailing 12-month yield
- $1.00paid in the last 12 months
- Quarterly4 payments a year
- 2018paying since
- −11.5%5-year growth a year
FAZ dividend income calculator
- Income a year
- $100
- Each payment
- $25
- Value of the shares
- $3,458
- Yield
- 2.89%
At the latest close; trailing 12-month distributions of $1.00 per share, before tax.
FAZ distributions per share by year
Calendar years by ex-dividend date. Yield = the year's distributions divided by the year-end price.
FAZ distribution payments
Each bar is one payment, by ex-dividend month (last 23 payments).
FAZ distributions by year
| Year | Per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2026to date | $0.8370 | — | — | 3 |
| 2025 | $1.95 | −58.4% | 5.08% | 4 |
| 2024 | $4.69 | −29.7% | 7.36% | 4 |
| 2023 | $6.67 | +66,600.0% | 4.88% | 4 |
| 2022 | $0.0100 | — | 0.01% | 1 |
| 2020 | $3.60 | −90.0% | 0.62% | 1 |
Full history in the distribution table below.
FAZ yield on cost
| Bought | Paid | Yield on cost | Paid out since | % of price |
|---|---|---|---|---|
| 1 year ago | $43.56 | 2.30% | $1.00 | 2.3% |
| 3 years ago | $223.40 | 0.45% | $8.28 | 3.7% |
| 5 years ago | $180.70 | 0.55% | $14.16 | 7.8% |
| 10 years ago | $12,544.01 | 0.01% | $84.48 | 0.7% |
Trailing 12-month distributions as a yield on the price paid then, and the distributions one share has paid since (before tax).
FAZ yield vs similar ETFs
| ETF | Fund | Yield | Expense ratio |
|---|---|---|---|
| FAZ | Direxion Daily Financial Bear 3X Shares | 2.44% | 1.04% |
| SPY | SPDR S&P 500 ETF | 0.99% | 0.09% |
| VTI | Vanguard Total Stock Market ETF | 1.03% | 0.03% |
| SCHD | Schwab U.S. Dividend Equity ETF | 3.38% | 0.05% |
| VYM | Vanguard High Dividend Yield ETF | 2.42% | 0.04% |
| QQQ | Invesco QQQ ETF | 0.42% | 0.17% |
| IWM | iShares Russell 2000 ETF | 0.97% | 0.19% |
Trailing 12-month distribution yield as reported by EODHD.
FAZ distribution history
23 payments| Ex-dividend date | Record date | Payment date | Amount | Change |
|---|---|---|---|---|
| 2026-09-22 | 2026-09-22 | 2026-09-29 | $0.2050 | −19.0% |
| 2026-06-23 | 2026-06-23 | 2026-06-30 | $0.2530 | −33.2% |
| 2026-03-24 | 2026-03-24 | 2026-03-31 | $0.3790 | +132.5% |
| 2025-12-23 | 2025-12-23 | 2025-12-31 | $0.1630 | −57.1% |
| 2025-09-23 | 2025-09-23 | 2025-09-30 | $0.3800 | 0.0% |
| 2025-06-24 | 2025-06-24 | 2025-07-01 | $0.3800 | −63.1% |
| 2025-03-25 | 2025-03-25 | 2025-04-01 | $1.0300 | +145.2% |
| 2024-12-23 | 2024-12-23 | 2024-12-31 | $0.4200 | −58.8% |
Show all 23 distributions
| Ex-dividend date | Record date | Payment date | Amount | Change |
|---|---|---|---|---|
| 2024-09-24 | 2024-09-24 | 2024-10-01 | $1.0200 | −29.7% |
| 2024-06-25 | 2024-06-25 | 2024-07-02 | $1.4500 | −19.4% |
| 2024-03-19 | 2024-03-20 | 2024-03-26 | $1.8000 | +125.0% |
| 2023-12-21 | 2023-12-22 | 2023-12-29 | $0.8000 | −46.3% |
| 2023-09-19 | 2023-09-20 | 2023-09-26 | $1.4900 | −11.8% |
| 2023-06-21 | 2023-06-22 | 2023-06-28 | $1.6900 | −37.2% |
| 2023-03-21 | 2023-03-22 | 2023-03-28 | $2.6900 | +26,800.0% |
| 2022-12-20 | 2022-12-21 | 2022-12-28 | $0.0100 | −99.7% |
| 2020-03-24 | 2020-03-25 | 2020-03-31 | $3.6000 | −38.4% |
| 2019-12-23 | 2019-12-24 | 2019-12-31 | $5.8400 | −69.7% |
| 2019-09-24 | 2019-09-25 | 2019-10-01 | $19.2800 | +78.5% |
| 2019-03-19 | 2019-03-20 | 2019-03-26 | $10.8000 | −34.1% |
| 2018-12-27 | 2018-12-28 | 2019-01-04 | $16.4000 | +95.2% |
| 2018-09-25 | 2018-09-26 | 2018-10-02 | $8.4000 | +40.0% |
| 2018-03-20 | 2018-03-21 | 2018-03-27 | $6.0000 | — |
Amounts per share. Highlighted rows are declared but not yet paid.
FAZ dividend overview
Direxion Daily Financial Bear 3X Shares pays quarterly distributions made up of income from its holdings, less fund expenses. Over the past 12 months it paid $1.00 per share, a yield of 2.89% at the latest close of $34.58. In 2025 it paid $1.95 per share, down 58.4% from 2024. Over five years distributions changed −11.5% a year.
Payment amounts vary because they pass through what the fund earned during the period. ETF distributions may include qualified dividends, ordinary income, return of capital and capital gains; the fund's annual tax statement has the breakdown.
Related: FAZ chart, FAZ performance, FAZ overview.
FAZ dividends FAQ
Does FAZ pay a dividend?
Yes. FAZ pays quarterly distributions and has paid them since 2018. The most recent was $0.2050 per share with an ex-dividend date of September 22, 2026, payable September 29, 2026.
What is the FAZ dividend yield?
FAZ paid $1.00 per share over the past 12 months, a trailing yield of 2.89% at the latest close of $34.58.
When is the next FAZ dividend?
The next quarterly distribution has not been announced yet. Based on the usual schedule the next ex-dividend date should fall around mid-December 2026.
How often does FAZ pay dividends?
FAZ pays distributions quarterly, 4 times a year.
How much did FAZ pay in dividends in 2025?
FAZ paid $1.95 per share in 4 distributions in 2025.
How much income does 100 shares of FAZ pay?
100 shares of FAZ would have paid about $100 over the past 12 months, before tax.