STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
-
Forward Annual Dividend Rate
-
Yield
Trailing Annual Dividend Yield
N/A
Forward Annual Dividend Yield
N/A
Dividend Date
Dividend Date
Mar 26, 2024
Ex-dividend Date
Mar 19, 2024
N/A %
N/A
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Jan 18, 2024 | 0.18 | Mar 19, 2024 | Mar 20, 2024 | Mar 26, 2024 |
| Dec 20, 2023 | 0.08 | Dec 21, 2023 | Dec 22, 2023 | Dec 29, 2023 |
| Sep 18, 2023 | 0.149 | Sep 19, 2023 | Sep 20, 2023 | Sep 26, 2023 |
| Jun 20, 2023 | 0.169 | Jun 21, 2023 | Jun 22, 2023 | Jun 28, 2023 |
| Mar 20, 2023 | 0.269 | Mar 21, 2023 | Mar 22, 2023 | Mar 28, 2023 |
| Feb 10, 2023 | 0.269 | Mar 21, 2023 | Mar 22, 2023 | Mar 28, 2023 |
| Dec 19, 2022 | 0.001 | Dec 20, 2022 | Dec 21, 2022 | Dec 28, 2022 |
| Feb 03, 2022 | 0.001 | Dec 20, 2022 | Dec 21, 2022 | Dec 28, 2022 |
| Mar 21, 2020 | 0.357 | Mar 24, 2020 | Mar 25, 2020 | Mar 31, 2020 |
| Jan 09, 2020 | 0.045 | Mar 24, 2020 | Mar 25, 2020 | Mar 31, 2020 |
| Dec 20, 2019 | 0.584 | Dec 23, 2019 | Dec 24, 2019 | Dec 31, 2019 |
| Sep 23, 2019 | 1.928 | Sep 24, 2019 | Sep 25, 2019 | Oct 01, 2019 |
| Mar 18, 2019 | 1.1 | Mar 19, 2019 | Mar 20, 2019 | Mar 26, 2019 |
| Dec 24, 2018 | 1.631 | Dec 27, 2018 | Dec 28, 2018 | Jan 04, 2019 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Sep 29, 2025 | 1:10 | -0.74% | -0.45% |
| Mar 02, 2021 | 1:8 | -4.40% | -0.42% |
| Jun 28, 2019 | 1:5 | -1.73% | +0.13% |
| Oct 01, 2015 | 1:4 | -0.39% | -5.64% |
| Sep 10, 2015 | 1:4 | +6.57% | -2.57% |
| Apr 02, 2013 | 1:4 | +1.14% | +4.65% |
| Feb 24, 2011 | 1:5 | +1.62% | -2.43% |
| Jul 09, 2009 | 1:10 | +5.82% | +1.15% |
Frequently Asked Questions
Is Direxion Daily Financial Bear 3x ETF (FAZ) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Direxion Daily Financial Bear 3x ETF is also among the companies that regularly pay dividends.
What is FAZ's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. FAZ's annual dividend yield for the trailing 12 months is N/A.
When did FAZ last pay a dividend?
FAZ last paid dividends on 2024-03-26, with the ex-dividend date being 2024-03-19.
When was the last time FAZ stock split?
FAZ stock split took place on 29-09-2025.
How did FAZ's stock split work?
Its last split took place on Sep 29, 2025, when Direxion Daily Financial Bear 3x ETF went through a 1:10 split leaving the shareholder with 1 share(s) who previously owned 10 FAZ share(s).