SPCZ is TrueShares's RiverNorth Enhanced Pre-Merger SPAC ETF (Financial). Trading at $26.05. Current dividend yield: 11.83%.
Dividend snapshot
| Annual dividend rate | $3.08 |
| Current yield | 11.83% |
| Payment frequency | Annually |
| Next ex-dividend date | Dec 24, 2026(in 111 days) |
| Most recent payment date | Dec 24, 2025 |
| Last payment amount | $3.0809 |
| 5-year dividend CAGR | — |
| 3-year dividend CAGR | 281.01% |
| Expense ratio | 0.59% |
| Payout ratio | 0% |
| Market cap | $5M |
| Exchange | BTS |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2025-12-24 | $3.0809 |
| 2024-12-27 | $1.1015 |
About SPCZ
Under normal market conditions, the fund seeks to invest primarily in units made up of common stock, warrants and rights of U.S.-listed special purpose acquisition companies (“SPACs”). In seeking to achieve the fund’s investment objective, the sub-adviser will monitor the fund’s portfolio and adjust positions based on changes in expectations of the investments or the availability of better alternatives. At least 80% of the fund’s net assets, plus borrowings for investment purposes, will be invested in Pre-Merger SPACs. The fund is non-diversified.
Frequently asked
What is SPCZ's dividend yield?
SPCZ (RiverNorth Enhanced Pre-Merger SPAC ETF) currently has a dividend yield of 11.83%, which works out to about $3.08 in annual dividend payments per share.
When is SPCZ's next ex-dividend date?
SPCZ's next ex-dividend date is Dec 24, 2026 (in 111 days). To receive the upcoming dividend, you must own shares before this date.
When did SPCZ last pay a dividend?
SPCZ's most recent dividend payment date was Dec 24, 2025.
How often does SPCZ pay dividends?
SPCZ pays dividends on a annually schedule.
How fast is SPCZ growing its dividend?
SPCZ has been growing its dividend at a 281.01% 3-year compound annual growth rate (CAGR). CAGR smooths year-to-year noise into a single average growth rate.
Track SPCZ in DiviDrip
Add SPCZ to your portfolio on DiviDrip to track every buy, DRIP reinvestment, and dividend payment in one place. Free, no credit card, no upsell — built by dividend investors, for dividend investors.
- Open DiviDrip — search SPCZ and add your shares.
- View the SPCZ Dividend Triangle — see Revenue × EPS × Dividend growth at a glance.
- Stock Screener — find more dividend payers like SPCZ.
- DiviDrip Learn — free guides on DRIP, dividend tiers, ETF comparisons.
Data refreshed 2026-09-04. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.