TECS Distribution History & Yield

Direxion Daily Technology Bear 3X Shares · NYSEArca

ETF Trading--Inverse Equity Quarterly payer High yield
$60.38
-1.82% today
as of Sep 9, 2026
TTM yield
9.11%
$5.50/share over the last 12 months
Forward yield
3.38%
$2.04/share indicated annual rate
Annual distribution
$2.04
per share, forward
Per payment
$0.51
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-distribution date
Sep 22, 2026 Estimated
in 13 days
Next pay date
Oct 6, 2026
in 27 days
Last ex-distribution date
Jun 23, 2026
$0.51 per share
Expense ratio
1.01%
AUM 65.7M
Consistency
17/100
highly variable payouts
3y distribution CAGR
-51.0%
annualised (too young for 5y)
Growth streak
0 yrs
no current streak
Years paying
8.5
since Mar 20, 2018
1y total return
-72.8%
price -75.1% + distributions 2.3%

Upcoming distribution payments

Ex-datePay datePer sharePer 100 sharesStatus
Tue, Sep 22, 2026 (in 13 days) Oct 6, 2026 $0.51 $51.00 Estimated
Tue, Dec 22, 2026 (in 104 days) Jan 5, 2027 $0.51 $51.00 Estimated
Tue, Mar 23, 2027 (in 195 days) Apr 6, 2027 $0.51 $51.00 Estimated
Tue, Jun 22, 2027 (in 286 days) Jul 6, 2027 $0.51 $51.00 Estimated

Estimated dates and amounts are projected from TECS's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $2.04 per share.

Distribution payment history

Last 23 payments per share. RegularSpecial

Last 23 payments per share from Mar 20, 2018 to Jun 23, 2026; most recent $0.51$0.00$500.00$1,000Mar 20, 2018: $300.00Mar '18Jun 19, 2018: $250.00Sep 25, 2018: $630.00Dec 27, 2018: $800.00Dec '18Mar 19, 2019: $490.00Jun 25, 2019: $600.00Sep 24, 2019: $390.00Sep '19Dec 23, 2019: $240.00Mar 24, 2020: $130.00Mar 21, 2023: $27.10Mar '23Jun 21, 2023: $19.70Sep 19, 2023: $15.30Dec 21, 2023: $12.30Dec '23Mar 19, 2024: $6.10Jun 25, 2024: $8.60Sep 24, 2024: $5.60Sep '24Dec 23, 2024: $4.72Mar 25, 2025: $4.69Jun 24, 2025: $1.68Jun '25Sep 23, 2025: $1.82Dec 23, 2025: $1.89Mar 24, 2026: $1.28Mar '26Jun 23, 2026: $0.51

Annual distributions per share

Annual dividend per share by calendar year, 2018 to 2026 (year to date)$0.00$1,250$2,5002018: $1,980$1,98020182019: $1,720$1,72020192020: $130.00$130.0020202021: $0.0020212022: $0.0020222023: $74.40$74.4020232024: $25.02$25.0220242025: $10.08$10.0820252026 (YTD): $1.79$1.792026 YTD

How much TECS do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month589$35,518$1,200
$500 / month2,942$177,588$6,000
$1,000 / month5,883$355,176$12,000

Based on the forward yield of 3.38%. $10,000 in TECS would currently pay about $338 a year ($28 a month on average). Model reinvestment and growth →

TECS distribution history

Download CSV
Ex-datePay dateAmountChange
Jun 23, 2026 $0.51 -60.2%
Mar 24, 2026 $1.28 -32.3%
Dec 23, 2025 $1.89 +3.8%
Sep 23, 2025 $1.82 +8.3%
Jun 24, 2025 $1.68 -64.2%
Mar 25, 2025 $4.69 -0.6%
Dec 23, 2024 $4.72 -15.7%
Sep 24, 2024 $5.60 -34.9%
Jun 25, 2024 $8.60 +41.0%
Mar 19, 2024 $6.10 -50.4%
Dec 21, 2023 $12.30 -19.6%
Sep 19, 2023 $15.30 -22.3%
Jun 21, 2023 $19.70 -27.3%
Mar 21, 2023 $27.10 -79.2%
Mar 24, 2020 $130.00 -45.8%
Dec 23, 2019 $240.00 -38.5%
Sep 24, 2019 $390.00 -35.0%
Jun 25, 2019 $600.00 +22.4%
Mar 19, 2019 $490.00 -38.7%
Dec 27, 2018 $800.00 +27.0%
Sep 25, 2018 $630.00 +152.0%
Jun 19, 2018 $250.00 -16.7%
Mar 20, 2018 $300.00

Payout risk check

Distribution stabilityElevated risk

TECS's last 12 distributions were highly variable (consistency score 17/100).

Its share price moved -75.1% 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 Technology Bear 3X Shares

The fund, under normal circumstances, invests at least 80% of the fund’s net assets in financial instruments, that, in combination, provide 3X daily inverse (opposite) or short exposure to the index or to ETFs that track the index, consistent with the fund’s investment objective. The index is provided by S&P Dow Jones Indices (the "index provider") and includes domestic companies from the technology sector. It is non-diversified.

Fund family: Direxion Funds. Category: Trading--Inverse Equity. First distribution on our records: Mar 20, 2018. 23 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

TECS distribution FAQ

When is TECS's next ex-distribution date?

TECS'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 $0.51 per share, expected on Oct 6, 2026.

How often does TECS pay distributions?

TECS pays distributions every quarter, 4 times a year. The most recent payment was $0.51 per share with an ex-date of Jun 23, 2026.

What is TECS's distribution yield?

TECS's trailing 12-month distribution yield is 9.11%, based on $5.50 per share paid over the last year and a share price of $60.38. The forward yield, using the indicated annual rate of $2.04 per share, is 3.38%.

How much does TECS pay per share?

TECS pays about $0.51 per share each quarter, which works out to roughly $2.04 per share a year. 100 shares would collect about $204.00 a year.

Has TECS grown or cut its distribution?

Over the last 3 years the regular payout changed -51.0% a year. There has been no cut to a regular payment in the last 5 years. As a fund, TECS'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 TECS do I need to earn $100 a month?

At the current forward yield of 3.38%, you would need about 589 shares of TECS (roughly $35,518 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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