SPDN is Direxion Funds's Direxion Daily S&P 500 Bear 1X Shares (Trading--Inverse Equity). Trading at $8.51. Current dividend yield: 3.28%.
Dividend snapshot
| Annual dividend rate | $0.28 |
| Current yield | 3.28% |
| Payment frequency | Quarterly |
| Next ex-dividend date | Sep 23, 2026(in 16 days) |
| Most recent payment date | Jun 30, 2026 |
| Last payment amount | $0.0704 |
| 5-year dividend CAGR | 85.12% |
| 3-year dividend CAGR | 34.41% |
| Expense ratio | 0.48% |
| Payout ratio | 0% |
| Market cap | $219M |
| Exchange | PCX |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-06-23 | $0.0704 |
| 2026-03-24 | $0.0516 |
| 2025-12-23 | $0.0753 |
| 2025-09-23 | $0.0936 |
| 2025-06-24 | $0.1350 |
| 2025-03-25 | $0.0793 |
| 2024-12-23 | $0.1374 |
| 2024-09-24 | $0.1456 |
About SPDN
The index is designed to be comprised of stocks that are the 500 leading, large-cap U.S.-listed issuers. The fund invests at least 80% of the fund’s net assets in swap agreements, futures contracts, short positions or other financial instruments that provide inverse (opposite) or short daily exposure to the index or to ETFs that track the index, which, in combination, provider returns consistent with the objective. It is non-diversified.
Frequently asked
What is SPDN's dividend yield?
SPDN (Direxion Daily S&P 500 Bear 1X Shares) currently has a dividend yield of 3.28%, which works out to about $0.28 in annual dividend payments per share.
When is SPDN's next ex-dividend date?
SPDN's next ex-dividend date is Sep 23, 2026 (in 16 days). To receive the upcoming dividend, you must own shares before this date.
When did SPDN last pay a dividend?
SPDN's most recent dividend payment date was Jun 30, 2026.
How often does SPDN pay dividends?
SPDN pays dividends on a quarterly schedule.
How fast is SPDN growing its dividend?
SPDN has been growing its dividend at a 34.41% 3-year compound annual growth rate (CAGR). CAGR smooths year-to-year noise into a single average growth rate.
Track SPDN in DiviDrip
Add SPDN 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 SPDN and add your shares.
- View the SPDN Dividend Triangle — see Revenue × EPS × Dividend growth at a glance.
- Stock Screener — find more dividend payers like SPDN.
- DiviDrip Learn — free guides on DRIP, dividend tiers, ETF comparisons.
Data refreshed 2026-09-07. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.