TZA is Direxion Funds's Direxion Small Cap Bear 3X ETF (Trading--Inverse Equity). Trading at $39.90. Current dividend yield: 0.38%.
Dividend snapshot
| Annual dividend rate | $0.15 |
| Current yield | 0.38% |
| Payment frequency | Quarterly |
| Next ex-dividend date | Sep 23, 2026(in 16 days) |
| Most recent payment date | Jun 30, 2026 |
| Last payment amount | $0.0377 |
| 5-year dividend CAGR | 35.60% |
| 3-year dividend CAGR | — |
| Expense ratio | 0.99% |
| Payout ratio | 0% |
| Market cap | $270M |
| Exchange | PCX |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-06-23 | $0.0377 |
| 2026-03-24 | $0.0709 |
| 2025-12-23 | $0.0341 |
| 2025-09-23 | $0.0531 |
| 2025-06-24 | $0.0563 |
| 2025-03-25 | $0.2378 |
| 2024-12-23 | $0.0839 |
| 2024-09-24 | $0.1475 |
About TZA
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.
Frequently asked
What is TZA's dividend yield?
TZA (Direxion Small Cap Bear 3X ETF) currently has a dividend yield of 0.38%, which works out to about $0.15 in annual dividend payments per share.
When is TZA's next ex-dividend date?
TZA'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 TZA last pay a dividend?
TZA's most recent dividend payment date was Jun 30, 2026.
How often does TZA pay dividends?
TZA pays dividends on a quarterly schedule.
How fast is TZA growing its dividend?
TZA has been growing its dividend at a 35.60% 5-year compound annual growth rate (CAGR). CAGR smooths year-to-year noise into a single average growth rate.
Track TZA in DiviDrip
Add TZA 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 TZA and add your shares.
- View the TZA Dividend Triangle — see Revenue × EPS × Dividend growth at a glance.
- Stock Screener — find more dividend payers like TZA.
- 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.