ORCS Distribution History & Yield

Direxion Daily ORCL Bear 1X ETF · NasdaqGM

ETF Trading--Inverse Equity Quarterly payer
$31.92
+1.47% today
as of Oct 22, 2026
TTM yield
1.91%
$0.609/share over the last 12 months
Forward yield
2.77%
$0.884/share indicated annual rate
Annual distribution
$0.884
per share, forward
Per payment
$0.221
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-distribution date
Dec 22, 2026 Estimated
in 57 days
Next pay date
Dec 29, 2026
in 64 days
Last ex-distribution date
Sep 22, 2026
$0.221 per share
Expense ratio
0.97%
AUM 6.9M
Consistency
65/100
variable payouts
5y distribution CAGR
n/a
needs 6+ years of history
Growth streak
0 yrs
no current streak
Years paying
0.8
since Dec 23, 2025

Upcoming distribution payments

Ex-datePay datePer sharePer 100 sharesStatus
Tue, Dec 22, 2026 (in 57 days) Dec 29, 2026 $0.221 $22.10 Estimated
Tue, Mar 23, 2027 (in 148 days) Mar 30, 2027 $0.221 $22.10 Estimated
Tue, Jun 22, 2027 (in 239 days) Jun 29, 2027 $0.221 $22.10 Estimated
Tue, Sep 21, 2027 (in 330 days) Sep 28, 2027 $0.221 $22.10 Estimated

Estimated dates and amounts are projected from ORCS's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $0.884 per share.

Distribution payment history

Last 4 payments per share. RegularSpecial

Last 4 payments per share from Dec 23, 2025 to Sep 22, 2026; most recent $0.221$0.00$0.125$0.25Dec 23, 2025: $0.072Dec '25Mar 24, 2026: $0.161Mar '26Jun 23, 2026: $0.155Jun '26Sep 22, 2026: $0.221Sep '26

Annual distributions per share

Annual dividend per share by calendar year, 2025 to 2026 (year to date)$0.00$0.30$0.602025: $0.072$0.07220252026 (YTD): $0.537$0.5372026 YTD

How much ORCS do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month1,358$43,336$1,200
$500 / month6,788$216,679$6,000
$1,000 / month13,575$433,357$12,000

Based on the forward yield of 2.77%. $10,000 in ORCS would currently pay about $277 a year ($23 a month on average). Model reinvestment and growth →

ORCS distribution history

Download CSV
Ex-datePay dateAmountChange
Sep 22, 2026 Sep 29, 2026 $0.221 +42.6%
Jun 23, 2026 Jun 30, 2026 $0.155 -3.7%
Mar 24, 2026 Mar 31, 2026 $0.161 +123.6%
Dec 23, 2025 Dec 31, 2025 $0.072 —

Payout risk check

Distribution stabilityModerate risk

ORCS's last 12 distributions were variable (consistency score 65/100).

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 ORCL Bear 1X ETF

The fund, under normal circumstances, invests at least 80% of the fund’s net assets (plus borrowings for investment purposes) in financial instruments, including swap agreements and options, that, in combination, provide 1X daily inverse (opposite) or short exposure to ORCL, consistent with the fund’s investment objective. The fund is non-diversified.

Fund family: Direxion Funds. Category: Trading--Inverse Equity. First distribution on our records: Dec 23, 2025. 4 payments tracked. Data last refreshed Oct 22, 2026. Spotted a mistake? Report it and we'll fix it.

ORCS distribution FAQ

When is ORCS's next ex-distribution date?

ORCS's next ex-distribution date is Dec 22, 2026 (in 57 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.221 per share, expected on Dec 29, 2026.

How often does ORCS pay distributions?

ORCS pays distributions every quarter, 4 times a year. The most recent payment was $0.221 per share with an ex-date of Sep 22, 2026.

What is ORCS's distribution yield?

ORCS's trailing 12-month distribution yield is 1.91%, based on $0.609 per share paid over the last year and a share price of $31.92. The forward yield, using the indicated annual rate of $0.884 per share, is 2.77%.

How much does ORCS pay per share?

ORCS pays about $0.221 per share each quarter, which works out to roughly $0.884 per share a year. 100 shares would collect about $88.40 a year.

Has ORCS grown or cut its distribution?

As a fund, ORCS'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 ORCS do I need to earn $100 a month?

At the current forward yield of 2.77%, you would need about 1,358 shares of ORCS (roughly $43,336 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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