# Direxion Daily S&P 500 Bear 1X ETF (SPDN) — Dividends

SPDN · NYSE · Fund

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

## Dividend summary

| Metric | Value |
| --- | --- |
| Frequency | quarterly |
| Trailing 12 months | $0.31 |
| Forward yield | 3.72% |
| Growth streak | — |

The Direxion Daily S&P 500 Bear 1X ETF pays a quarterly distribution. At a share price of $8.39, the fund provides a trailing-12-month distribution total of $0.313 per share, which translates to a distribution [yield](/instructions/learning/dividend-yield) of 3.73%. Its most recent quarterly distribution of $0.11525 per share had an [ex-distribution date](/instructions/learning/ex-dividend-date) of September 22, 2026, and was paid on September 29, 2026. This followed earlier 2026 quarterly payouts of $0.052 per share in March and $0.07038 per share in June.

Distributions vary from payment to payment, ranging between $0.01760 and $0.26537 per share across the fund's recorded history. In complete calendar years with full quarterly schedules, total annual distributions declined from $0.77611 per share in 2023 to $0.58600 in 2024 and $0.38325 in 2025. In earlier years, the record shows a single distribution in 2019 ($0.07441), a single distribution in 2020 ($0.01760), no payments in 2021, and two distributions in 2022 totaling $0.15784 per share. The fund's distribution growth streak stands at 0 years.

If the fund maintains its regular quarterly pattern, the next ex-distribution date is expected to fall in late December 2026.

## Payment history

| Ex-date | Pay date | Amount per share |
| --- | --- | --- |
| Sep 22, 2026 | Sep 29, 2026 | $0.12 |
| Jun 23, 2026 | Jun 30, 2026 | $0.07 |
| Mar 24, 2026 | Mar 31, 2026 | $0.05 |
| Dec 23, 2025 | Dec 31, 2025 | $0.08 |
| Sep 23, 2025 | Sep 30, 2025 | $0.09 |
| Jun 24, 2025 | Jul 1, 2025 | $0.13 |
| Mar 25, 2025 | Apr 1, 2025 | $0.08 |
| Dec 23, 2024 | Dec 31, 2024 | $0.14 |
| Sep 24, 2024 | Oct 1, 2024 | $0.15 |
| Jun 25, 2024 | Jul 2, 2024 | $0.16 |
| Mar 19, 2024 | Mar 26, 2024 | $0.14 |
| Dec 21, 2023 | Dec 29, 2023 | $0.21 |
| Sep 19, 2023 | Sep 26, 2023 | $0.20 |
| Jun 21, 2023 | Jun 28, 2023 | $0.27 |
| Mar 21, 2023 | Mar 28, 2023 | $0.09 |
| Dec 20, 2022 | Dec 28, 2022 | $0.13 |
| Sep 20, 2022 | Sep 27, 2022 | $0.03 |
| Mar 24, 2020 | Mar 31, 2020 | $0.02 |
| Dec 23, 2019 | Dec 31, 2019 | $0.07 |

## Frequently Asked Questions

### Does Direxion Daily S&P 500 Bear 1X ETF (SPDN) pay a distribution?

Yes. Direxion Daily S&P 500 Bear 1X ETF pays a quarterly distribution; the most recent payment was $0.12 per share.

### What is SPDN's distribution yield?

Direxion Daily S&P 500 Bear 1X ETF paid $0.31 per share over the trailing twelve months, a yield of 3.72% at the last price of $8.41. [Click here to learn more](https://www.lighthorse.io/instructions/learning/dividend-yield)

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

Direxion Daily S&P 500 Bear 1X 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).