# Horizon Kinetics SPAC Active ETF (SPAQ) — Dividends

SPAQ · NASDAQ · Fund

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

## Dividend summary

| Metric | Value |
| --- | --- |
| Frequency | weekly |
| Trailing 12 months | $15.13 |
| Forward yield | 16.27% |
| Growth streak | — |

Horizon Kinetics SPAC Active ETF is listed as a monthly payer, but the table shows only December distributions, with several paid together each year. The most recent [ex-date](/instructions/learning/ex-dividend-date), December 23, 2025, carried three payments of $0.31, $14.41 and $0.41 per share, all paid on December 24, 2025. Over the trailing twelve months, the fund paid $15.13 per share, a [yield](/instructions/learning/dividend-yield) of 16.26% at a share price of $93.08.

The $14.41 payment was unusually large, about 35 times the next largest paid that day, and it makes up about 95% of the trailing-twelve-month figure. Without it, the other two December 2025 payments added up to $0.72.

The earlier years show a similar shape on a smaller scale. On December 24, 2024, there were payments of $2.84 and $0.11, adding up to $2.95. On December 27, 2023, there were payments of $2.50 and $0.03, adding up to $2.53. Payment followed the ex-date by one or two days each year. The source lists no growth streak. If the December pattern holds, the next distributions would go ex-distribution in late December 2026 and be paid shortly after.

## Payment history

| Ex-date | Pay date | Amount per share |
| --- | --- | --- |
| Dec 23, 2025 | Dec 24, 2025 | $0.31 |
| Dec 23, 2025 | Dec 24, 2025 | $0.41 |
| Dec 23, 2025 | Dec 24, 2025 | $14.41 |
| Dec 24, 2024 | Dec 26, 2024 | $2.84 |
| Dec 24, 2024 | Dec 26, 2024 | $0.11 |
| Dec 27, 2023 | Dec 29, 2023 | $2.50 |
| Dec 27, 2023 | Dec 29, 2023 | $0.03 |

## Frequently Asked Questions

### Does Horizon Kinetics SPAC Active ETF (SPAQ) pay a distribution?

Yes. Horizon Kinetics SPAC Active ETF pays a weekly distribution; the most recent payment was $0.31 per share.

### What is SPAQ's distribution yield?

Horizon Kinetics SPAC Active ETF paid $15.13 per share over the trailing twelve months, a yield of 16.27% at the last price of $92.98. [Click here to learn more](https://www.lighthorse.io/instructions/learning/dividend-yield)

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

Horizon Kinetics SPAC Active ETF's most recent ex-distribution date is Dec 23, 2025, payable on Dec 24, 2025.

### 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).