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Home βΊ Calculator βΊ TZA Dividend Calculator 2026
Direxion Daily Small Cap Bear 3X ETF Β· AMEX
Price: $48.69 Β· Annual div: $1.90/share Β· Frequency: quarterly Β· Payout ratio: N/A Β· Ex-div: 2026-09-22
TZA (Direxion Daily Small Cap Bear 3X ETF) has a dividend yield of 3.90%, based on an annual dividend of $1.90 per share and a price of $48.69. Over the last 12 months it paid $1.90 per share β a trailing yield of 3.90%. Dividends are paid quarterly.
Yield history: over the last 12 payments, TZA's 12-month yield ranged from 4.18% to 7.46%. Full TZA dividend history β
With dividends reinvested, a TZA position grows its share count by about 3.90% in the first year at today's price and yield. If the yield stays near 3.90%, DRIP doubles your number of shares in about 19 years without adding new money.
| Year | Shares bought by dividends |
|---|
Click to apply scenario to the calculator
Year your monthly dividend income covers each expense (based on current settings)
| Ex-Dividend Date | Payment Date | Amount / Share | TTM Yield | Stock Price |
|---|---|---|---|---|
| 2026-09-22Latest | 2026-09-29 | $0.4733 | 5.78% | $42.08 |
| 2026-06-23 | 2026-06-30 | $0.3768 | 5.74% | $43.90 |
| 2026-03-24 | 2026-03-31 | $0.7088 | 7.46% | $60.60 |
| 2025-12-23 | 2025-12-31 | $0.3410 | 4.98% | $76.60 |
| 2025-09-23 | 2025-09-30 | $0.5311 | 6.28% | $92.10 |
| 2025-06-24 | 2025-07-01 | $0.5632 | 5.47% | $138.60 |
| 2025-03-25 | 2025-04-01 | $2.3778 | 4.57% | $153.60 |
| 2024-12-23 | 2024-12-31 | $0.8393 | 6.93% | $101.00 |
| 2024-09-24 | 2024-10-01 | $1.4749 | 4.76% | $152.60 |
| 2024-06-25 | 2024-07-02 | $2.3275 | 4.74% | $182.90 |
| 2024-03-19 | 2024-03-26 | $2.3558 | 7.31% | $182.00 |
| 2023-12-21 | 2023-12-29 | $1.1062 | 4.18% | $262.10 |
| 2023-09-19 | 2023-09-26 | $2.8839 | 3.93% | $250.70 |
| 2023-06-21 | 2023-06-28 | $2.3574 | 2.13% | $326.70 |
| 2023-03-21 | 2023-03-28 | $4.6022 | 1.67% | $276.20 |
| 2020-03-24 | 2020-03-31 | $6.6400 | β | β |
| 2019-12-23 | 2019-12-31 | $7.1736 | β | β |
| 2019-09-24 | 2019-10-01 | $26.0728 | β | β |
| 2019-03-19 | 2019-03-26 | $2.1600 | β | β |
| 2018-12-27 | 2019-01-04 | $20.2320 | β | β |
| 2018-09-25 | 2018-10-02 | $12.0000 | β | β |
| 2018-03-20 | 2018-03-27 | $6.0000 | β | β |
The Direxion Daily Small Cap Bull and Bear 3X Shares are designed to generate daily investment outcomes, before deductions for fees and expenses, that correspond to 300% of the daily performance of the Russell 2000 Index, or 300% of its inverse. However, there is no certainty that these funds will consistently meet their specified targets.
TZA (Direxion Daily Small Cap Bear 3X ETF) has a dividend yield of 3.90%, based on an annual dividend of $1.90 per share and a price of $48.69. Over the last 12 months it paid $1.90 per share β a trailing yield of 3.90%. Dividends are paid quarterly.
$10,000 in TZA at a 3.90% yield pays about $390 a year ($33 a month) before taxes. With DRIP, reinvested dividends buy more shares and that income compounds.
With dividends reinvested, a TZA position grows its share count by about 3.90% in the first year at today's price and yield. If the yield stays near 3.90%, DRIP doubles your number of shares in about 19 years without adding new money.
Enter your starting amount, monthly contribution and time horizon in the TZA DRIP calculator at the top of this page. It reinvests each payout into new shares at the projected price, grows the dividend at the rate you choose and shows yearly income, share count, portfolio value and yield on cost. You can switch DRIP off to compare.
TZA's next ex-dividend date has not been announced yet; the most recent one was 2026-09-22. TZA pays dividends quarterly. Buy before the ex-dividend date to receive the next payment.
TZA's dividend changed -55.9% over the last year and 0.0% a year on average over five years.
Forward dividend yield from the latest data Β· open any DRIP calculator
This calculation uses the DividendFlow Engine v6.0. Data is verified daily against SEC filings and FMP real-time feeds to ensure projection accuracy.
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Ready to invest? Open TZA position with:
Real after-tax yield depends on where you live and how you hold TZA.
| Account/Country | Tax Rate | After-tax Yield | Real Yield | $10K Annual Income |
|---|---|---|---|---|
| πΊπΈ Roth IRA / 401k | 0% | 3.90% | 1.10% | $390 / yr |
| πΊπΈ US Taxable (15%) β | 15% | 3.31% | 0.52% | $332 / yr |
| πΊπΈ US Taxable (20%) | 20% | 3.12% | 0.32% | $312 / yr |
| π¬π§ UK ISA | 0% | 3.90% | 1.10% | $390 / yr |
| π¬π§ UK Taxable | 8.75% | 3.56% | 0.76% | $356 / yr |
| π¨π¦ TFSA | 0% | 3.90% | 1.10% | $390 / yr |
| π¨π¦ CA Taxable | 25% | 2.92% | 0.13% | $293 / yr |
| π¦πΊ Super (pension) | 15% | 3.31% | 0.52% | $332 / yr |
| π¦πΊ AU Taxable | 30% | 2.73% | -0.07% | $273 / yr |
| π©πͺ DE Taxable | 26.375% | 2.87% | 0.07% | $287 / yr |
| π«π· FR Taxable | 30% | 2.73% | -0.07% | $273 / yr |
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
12-month CPI (US BLS via FMP economic-indicators).
Based on current dividend of $1.90/share/yr Β· πΊπΈ US Taxable (15%) Β· static projection (no growth assumed).
TZA pays quarterly β 4 times per year. Ex-div: 2026-09-22.
How TZA compares to typical Financial Services averages.
Benchmarks: S&P 500 sector averages (2024β2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for TZA sourced from FMP /financial-growth endpoint β real data, not estimates.
Compare TZA with peers: TZA vs BTAL Β· TZA vs CMDY Β· TZA vs EIDO
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the TZA dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer β
Direxion Daily Small Cap Bear 3X ETF (TZA) is currently trading at $48.69, 49% below its 52-week high. The current dividend yield is 3.90% based on an annual payout of $1.90 per share.
Direxion Daily Small Cap Bear 3X ETF (TZA) is a financial services stock currently trading at $48.69 with a dividend yield of 3.90%. It pays an annual dividend of $1.90 per share.
Auto-generated from live market data. For educational purposes only β not financial advice.
News aggregated from public sources via Finnhub & RSS. For informational purposes only.
Illustrative examples of common use cases, written by the DividendFlow team β not customer reviews.
| Total shares |
|---|
| Dividend income |
|---|
| Position value |
|---|
| Yield on cost |
|---|
| 1 | 8.01 | 213.40 | $390 | $10,390 | 3.90% |
| 3 | 8.65 | 230.37 | $421 | $11,217 | 4.21% |
| 5 | 9.34 | 248.70 | $455 | $12,109 | 4.55% |
| 10 | 11.31 | 301.16 | $551 | $14,664 | 5.51% |
| 20 | 16.58 | 441.61 | $808 | $21,502 | 8.08% |
DRIP rate = share-count growth from reinvested dividends. Simplified yearly model before taxes and fees; adjust every assumption in the calculator above. Not financial advice. How DRIP and the DRIP rate work β
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