TZA Distribution History & Yield
Direxion Daily Small Cap Bear 3X Shares · NYSEArca
Upcoming distribution payments
| Ex-date | Pay date | Per share | Per 100 shares | Status |
|---|---|---|---|---|
| Tue, Dec 22, 2026 (in 58 days) | Jan 5, 2027 | $0.473 | $47.30 | Estimated |
| Tue, Mar 23, 2027 (in 149 days) | Apr 6, 2027 | $0.473 | $47.30 | Estimated |
| Tue, Jun 22, 2027 (in 240 days) | Jul 6, 2027 | $0.473 | $47.30 | Estimated |
| Tue, Sep 21, 2027 (in 331 days) | Oct 5, 2027 | $0.473 | $47.30 | Estimated |
Estimated dates and amounts are projected from TZA's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $1.892 per share.
Distribution payment history
Last 22 payments per share. RegularSpecial
Annual distributions per share
How much TZA do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 635 | $30,584 | $1,200 |
| $500 / month | 3,172 | $152,918 | $6,000 |
| $1,000 / month | 6,343 | $305,835 | $12,000 |
Based on the forward yield of 3.92%. $10,000 in TZA would currently pay about $392 a year ($33 a month on average). Model reinvestment and growth →
TZA distribution history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Sep 22, 2026 | — | $0.473 | +24.5% |
| Jun 23, 2026 | — | $0.38 | -45.7% |
| Mar 24, 2026 | — | $0.70 | +105.9% |
| Dec 23, 2025 | — | $0.34 | -35.8% |
| Sep 23, 2025 | — | $0.53 | -5.4% |
| Jun 24, 2025 | — | $0.56 | -76.5% |
| Mar 25, 2025 | — | $2.38 | +183.3% |
| Dec 23, 2024 | — | $0.84 | -42.9% |
| Sep 24, 2024 | — | $1.47 | -36.9% |
| Jun 25, 2024 | — | $2.33 | -1.3% |
| Mar 19, 2024 | — | $2.36 | +112.6% |
| Dec 21, 2023 | — | $1.11 | -61.5% |
| Sep 19, 2023 | — | $2.88 | +22.0% |
| Jun 21, 2023 | — | $2.36 | -48.7% |
| Mar 21, 2023 | — | $4.60 | -30.7% |
| Mar 24, 2020 | — | $6.64 | -7.8% |
| Dec 23, 2019 | — | $7.20 | -33.3% |
| Sep 24, 2019 | — | $26.08 Special | — |
| Mar 19, 2019 | — | $10.80 | -47.1% |
| Dec 27, 2018 | — | $20.40 | +70.0% |
| Sep 25, 2018 | — | $12.00 | +100.0% |
| Mar 20, 2018 | — | $6.00 | — |
Payout risk check
TZA's last 12 distributions were highly variable (consistency score 31/100).
Its share price moved -41.3% 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 Small Cap Bear 3X Shares
The fund invests at least 80% of its net assets in financial instruments, including swap agreements, futures contracts, or short positions, that, in combination, provide 3X daily inverse or short exposure to the index or to ETFs that track the index, consistent with the fund’s investment objective. The index measures the performance of approximately 2,000 small-cap companies in the Russell 3000® Index, based on a combination of their market capitalization and current index membership. It is non-diversified.
Fund family: Direxion Funds. Category: Trading--Inverse Equity. First distribution on our records: Mar 20, 2018. 22 payments tracked. Data last refreshed Oct 22, 2026. Spotted a mistake? Report it and we'll fix it.
TZA distribution FAQ
When is TZA's next ex-distribution date?
TZA's next ex-distribution date is Dec 22, 2026 (in 58 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.473 per share, expected on Jan 5, 2027.
How often does TZA pay distributions?
TZA pays distributions every quarter, 4 times a year. The most recent payment was $0.473 per share with an ex-date of Sep 22, 2026.
What is TZA's distribution yield?
TZA's trailing 12-month distribution yield is 3.93%, based on $1.893 per share paid over the last year and a share price of $48.22. The forward yield, using the indicated annual rate of $1.892 per share, is 3.92%.
How much does TZA pay per share?
TZA pays about $0.473 per share each quarter, which works out to roughly $1.892 per share a year. 100 shares would collect about $189.20 a year.
Has TZA grown or cut its distribution?
Over the last 3 years the regular payout changed -42.3% a year. There has been no cut to a regular payment in the last 5 years. As a fund, TZA'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 TZA do I need to earn $100 a month?
At the current forward yield of 3.92%, you would need about 635 shares of TZA (roughly $30,584 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.
Similar funds
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|---|---|---|---|---|---|---|---|
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