Horizon Kinetics SPAC Active ETF (SPAQ) Dividend History
SPAQ latest distribution
Paid. Next annual distribution expected around mid-December 2026 (not yet announced).
- 16.38%trailing 12-month yield
- $15.13paid in the last 12 months
- Annual1 payments a year
- 2023paying since
SPAQ dividend income calculator
- Income a year
- $1,513
- Each payment
- $1,513
- Value of the shares
- $9,238
- Yield
- 16.38%
At the latest close; trailing 12-month distributions of $15.13 per share, before tax.
SPAQ distributions per share by year
Calendar years by ex-dividend date. Yield = the year's distributions divided by the year-end price.
SPAQ distribution payments
Each bar is one payment, by ex-dividend month (last 3 payments).
SPAQ distributions by year
| Year | Per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $15.13 | +413.3% | 16.69% | 1 |
| 2024 | $2.95 | +16.5% | 3.00% | 1 |
| 2023partial | $2.53 | — | 2.60% | 1 |
Full history in the distribution table below.
SPAQ yield on cost
| Bought | Paid | Yield on cost | Paid out since | % of price |
|---|---|---|---|---|
| 1 year ago | $103.57 | 14.61% | $15.13 | 14.6% |
| 3 years ago | $98.94 | 15.29% | $20.61 | 20.8% |
Trailing 12-month distributions as a yield on the price paid then, and the distributions one share has paid since (before tax).
SPAQ yield vs similar ETFs
| ETF | Fund | Yield | Expense ratio |
|---|---|---|---|
| SPAQ | Horizon Kinetics SPAC Active ETF | 14.59% | 0.84% |
| 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.
SPAQ distribution history
3 payments| Ex-dividend date | Record date | Payment date | Amount | Change |
|---|---|---|---|---|
| 2025-12-23 | 2025-12-23 | 2025-12-24 | $15.1310 | +413.3% |
| 2024-12-24 | 2024-12-24 | 2024-12-26 | $2.9480 | +16.5% |
| 2023-12-27 | 2023-12-28 | 2023-12-29 | $2.5300 | — |
Amounts per share. Highlighted rows are declared but not yet paid.
SPAQ dividend overview
Horizon Kinetics SPAC Active ETF pays annual distributions made up of income from its holdings, less fund expenses. Over the past 12 months it paid $15.13 per share, a yield of 16.38% at the latest close of $92.38. In 2025 it paid $15.13 per share, up 413.3% from 2024.
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: SPAQ chart, SPAQ performance, SPAQ overview.
SPAQ dividends FAQ
Does SPAQ pay a dividend?
Yes. SPAQ pays annual distributions and has paid them since 2023. The most recent was $15.1310 per share with an ex-dividend date of December 23, 2025, payable December 24, 2025.
What is the SPAQ dividend yield?
SPAQ paid $15.13 per share over the past 12 months, a trailing yield of 16.38% at the latest close of $92.38.
When is the next SPAQ dividend?
The next annual 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 SPAQ pay dividends?
SPAQ pays distributions annual, 1 times a year.
How much did SPAQ pay in dividends in 2025?
SPAQ paid $15.13 per share in 1 distributions in 2025.
How much income does 100 shares of SPAQ pay?
100 shares of SPAQ would have paid about $1,513 over the past 12 months, before tax.