FAZ Distribution History & Yield
Direxion Daily Financial Bear 3X ETF
Upcoming distribution payments
| Ex-date | Pay date | Per share | Per 100 shares | Status |
|---|---|---|---|---|
| Tue, Sep 22, 2026 (in 13 days) | Oct 6, 2026 | $0.253 | $25.30 | Estimated |
| Tue, Dec 22, 2026 (in 104 days) | Jan 5, 2027 | $0.253 | $25.30 | Estimated |
| Tue, Mar 23, 2027 (in 195 days) | Apr 6, 2027 | $0.253 | $25.30 | Estimated |
| Tue, Jun 22, 2027 (in 286 days) | Jul 6, 2027 | $0.253 | $25.30 | Estimated |
Estimated dates and amounts are projected from FAZ's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $1.012 per share.
Distribution payment history
Last 22 payments per share. RegularSpecial
Annual distributions per share
How much FAZ do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 1,186 | $36,877 | $1,200 |
| $500 / month | 5,929 | $184,387 | $6,000 |
| $1,000 / month | 11,858 | $368,775 | $12,000 |
Based on the forward yield of 3.25%. $10,000 in FAZ would currently pay about $325 a year ($27 a month on average). Model reinvestment and growth →
FAZ distribution history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Jun 23, 2026 | — | $0.253 | -33.2% |
| Mar 24, 2026 | — | $0.379 | +132.5% |
| Dec 23, 2025 | — | $0.163 | -57.1% |
| Sep 23, 2025 | — | $0.38 | +0.0% |
| Jun 24, 2025 | — | $0.38 | -63.1% |
| Mar 25, 2025 | — | $1.03 | +145.2% |
| Dec 23, 2024 | — | $0.42 | -58.8% |
| Sep 24, 2024 | — | $1.02 | -29.7% |
| Jun 25, 2024 | — | $1.45 | -19.4% |
| Mar 19, 2024 | — | $1.80 | +125.0% |
| Dec 21, 2023 | — | $0.80 | -46.3% |
| Sep 19, 2023 | — | $1.49 | -11.8% |
| Jun 21, 2023 | — | $1.69 | -37.2% |
| Mar 21, 2023 | — | $2.69 | +26800.0% |
| Dec 20, 2022 | — | $0.01 | -99.7% |
| Mar 24, 2020 | — | $3.60 | -38.4% |
| Dec 23, 2019 | — | $5.84 | -45.9% |
| Sep 24, 2019 | — | $19.28 Special | — |
| Mar 19, 2019 | — | $10.80 | -34.1% |
| Dec 27, 2018 | — | $16.40 | +95.2% |
| Sep 25, 2018 | — | $8.40 | +40.0% |
| Mar 20, 2018 | — | $6.00 | — |
Payout risk check
FAZ's last 12 distributions were highly variable (consistency score 33/100).
Its share price moved -23.4% over the past year.
This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.
About Direxion Daily Financial Bear 3X ETF
First distribution on our records: Mar 20, 2018. 22 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.
FAZ distribution FAQ
When is FAZ's next ex-distribution date?
FAZ's next ex-distribution date is Sep 22, 2026 (in 13 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.253 per share, expected on Oct 6, 2026.
How often does FAZ pay distributions?
FAZ pays distributions every quarter, 4 times a year. The most recent payment was $0.253 per share with an ex-date of Jun 23, 2026.
What is FAZ's distribution yield?
FAZ's trailing 12-month distribution yield is 3.78%, based on $1.175 per share paid over the last year and a share price of $31.10. The forward yield, using the indicated annual rate of $1.012 per share, is 3.25%.
How much does FAZ pay per share?
FAZ pays about $0.253 per share each quarter, which works out to roughly $1.012 per share a year. 100 shares would collect about $101.20 a year.
Has FAZ grown or cut its distribution?
Over the last 3 years the regular payout changed -35.6% a year. There has been no cut to a regular payment in the last 5 years. As a fund, FAZ's distributions vary with the income its holdings generate, so payouts are not designed to rise every year the way a dividend-growth stock's are.
How many shares of FAZ do I need to earn $100 a month?
At the current forward yield of 3.25%, you would need about 1,186 shares of FAZ (roughly $36,877 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.
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