Does FAZ pay a dividend?

Yes. Direxion Daily Financial Bear 3x ETF pays a quarterly dividend, currently yielding 2.74% based on trailing twelve-month payments of $1.00 per share.

How much does FAZ pay in dividends?

$1.00 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.

When is the next FAZ ex-dividend date?

No upcoming ex-dividend date is currently on record for FAZ. Dates appear here once the company declares them.

FAZ Dividend

Direxion Daily Financial Bear 3x ETF

AMEXFinancial ServicesETFData as of September 23, 2026

Dividend yield: 2.74%
Annual dividend: $1.00
Payout ratio: —
Frequency: Quarterly
Share price: $36.54
Market cap: $105M

Is FAZ a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

Yield is below the market median2.74% against a median of 2.92%. A lower yield is common among companies that reinvest more of their earnings or whose shares have risen.
Payout ratio does not applyThis is a fund. It distributes income received from its holdings rather than paying out of its own earnings, so a payout ratio is not a meaningful measure.
Dividend has been cut 4 timesAcross 7 complete years, the annual total fell in 2022, 2024, 2025 and earlier. The most recent reduction was in 2025.

FAZ dividend history

Annual dividend per share, 2018 to 2025.

Peak $32.40 in 2019Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 23 dividend payments for FAZ, most recent first.
Ex-dividend date	Pay date	Amount	Type
September 22, 2026	September 29, 2026	$0.2050	Quarterly
June 23, 2026	June 30, 2026	$0.2525	Quarterly
March 24, 2026	March 31, 2026	$0.3787	Quarterly
December 23, 2025	December 31, 2025	$0.1632	Quarterly
September 23, 2025	September 30, 2025	$0.0376	Quarterly
June 24, 2025	July 1, 2025	$0.0378	Quarterly
March 25, 2025	April 1, 2025	$0.1032	Quarterly
December 23, 2024	December 31, 2024	$0.0419	Quarterly
September 24, 2024	October 1, 2024	$0.1016	Quarterly
June 25, 2024	July 2, 2024	$0.1445	Quarterly
March 19, 2024	March 26, 2024	$0.1796	Quarterly
December 21, 2023	December 29, 2023	$0.0801	Quarterly
September 19, 2023	September 26, 2023	$0.1490	Quarterly
June 21, 2023	June 28, 2023	$0.1686	Quarterly
March 21, 2023	March 28, 2023	$0.2688	Quarterly
December 20, 2022	December 28, 2022	$0.0009	Quarterly
March 24, 2020	March 31, 2020	$0.0030	Quarterly
December 23, 2019	December 31, 2019	$0.0730	Quarterly
September 24, 2019	October 1, 2019	$0.2410	Semi-Annual
March 19, 2019	March 26, 2019	$0.0270	Quarterly
December 27, 2018	January 4, 2019	$0.0408	Quarterly
September 25, 2018	October 2, 2018	$0.0210	Quarterly
March 20, 2018	March 27, 2018	$0.0146	Semi-Annual

How much would FAZ pay you?

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Frequently asked questions

Does FAZ pay a dividend?: Yes. Direxion Daily Financial Bear 3x ETF pays a quarterly dividend, currently yielding 2.74% based on trailing twelve-month payments of $1.00 per share.
How much does FAZ pay in dividends?: $1.00 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next FAZ ex-dividend date?: No upcoming ex-dividend date is currently on record for FAZ. Dates appear here once the company declares them.