# Direxion Daily Financial Bear 3X ETF (FAZ) — Dividends

FAZ · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/faz/dividends

## Dividend summary

| Metric | Value |
| --- | --- |
| Frequency | quarterly |
| Trailing 12 months | $1.00 |
| Forward yield | 2.79% |
| Growth streak | — |

Direxion Daily Financial Bear 3X ETF is a fund that pays quarterly distributions. Its most recent distribution was $0.20 per share, with an [ex-date](/instructions/learning/ex-dividend-date) of September 22, 2026 and a pay date of September 29, 2026. Over the trailing twelve months, the fund paid $1.00 per share, a [yield](/instructions/learning/dividend-yield) of 2.61% at a share price of $38.32.

The record is irregular. The table lists payments in December 2019 and March 2020, then nothing until a December 2022 entry of $0.00. Regular quarterly distributions appear from March 2023 on. Ex-dates fall in the second half of March, June, September and December, and payment follows about a week later.

Distributions with ex-dates in each calendar year added up to $0.67 in 2023, $0.46 in 2024 and $0.34 in 2025, with single payments between $0.04 and $0.27. The three distributions so far in 2026, at $0.38, $0.25 and $0.20, add up to $0.83, already more than the 2025 total. The March 2026 payment is the largest in the table. The source does not report a growth streak. If the quarterly pattern holds, the next distribution would go ex-distribution in late December 2026 and be paid about a week later.

## Payment history

| Ex-date | Pay date | Amount per share |
| --- | --- | --- |
| Sep 22, 2026 | Sep 29, 2026 | $0.20 |
| Jun 23, 2026 | Jun 30, 2026 | $0.25 |
| Mar 24, 2026 | Mar 31, 2026 | $0.38 |
| Dec 23, 2025 | Dec 31, 2025 | $0.16 |
| Sep 23, 2025 | Sep 30, 2025 | $0.04 |
| Jun 24, 2025 | Jul 1, 2025 | $0.04 |
| Mar 25, 2025 | Apr 1, 2025 | $0.10 |
| Dec 23, 2024 | Dec 31, 2024 | $0.04 |
| Sep 24, 2024 | Oct 1, 2024 | $0.10 |
| Jun 25, 2024 | Jul 2, 2024 | $0.14 |
| Mar 19, 2024 | Mar 26, 2024 | $0.18 |
| Dec 21, 2023 | Dec 29, 2023 | $0.08 |
| Sep 19, 2023 | Sep 26, 2023 | $0.15 |
| Jun 21, 2023 | Jun 28, 2023 | $0.17 |
| Mar 21, 2023 | Mar 28, 2023 | $0.27 |
| Dec 20, 2022 | Dec 28, 2022 | $0.00 |
| Mar 24, 2020 | Mar 31, 2020 | $0.04 |
| Dec 23, 2019 | Dec 31, 2019 | $0.07 |

## Frequently Asked Questions

### Does Direxion Daily Financial Bear 3X ETF (FAZ) pay a distribution?

Yes. Direxion Daily Financial Bear 3X ETF pays a quarterly distribution; the most recent payment was $0.20 per share.

### What is FAZ's distribution yield?

Direxion Daily Financial Bear 3X ETF paid $1.00 per share over the trailing twelve months, a yield of 2.79% at the last price of $35.82. [Click here to learn more](https://www.lighthorse.io/instructions/learning/dividend-yield)

### When is FAZ's most recent ex-distribution date?

Direxion Daily Financial Bear 3X ETF's most recent ex-distribution date is Sep 22, 2026, payable on Sep 29, 2026.

### What is the difference between ex and payment dates?

An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. [Click here to learn more](https://www.lighthorse.io/instructions/learning/ex-dividend-date)

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Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).