Direxion Daily S&P500 Bull 3X Shares (SPXL) Dividend

Direxion Daily S&P500 Bull 3X Shares (SPXL) currently pays a dividend yield of 0.44%, distributing $1.46 per share annually ($0.31 per quarter). The company operates in the Diversified Fund sector.

SPXL has raised its dividend for 2 consecutive years.

SPXL dividend at a glance

Dividend Yield0.44%
Annual Dividend$1.46 per share
Per Payment$0.31
Payout FrequencyQuarterly
Payments per Year4
Next Ex-Dividend DateDecember 22, 2026
Next Payment DateDecember 24, 2026
Consecutive Years of Dividend Growth2
SectorDiversified Fund
Implied Share Price (from yield)$330.68

What SPXL pays on a $10,000 investment

At a 0.44% yield, $10,000 invested in SPXL generates about $44.00 per year, or roughly $11.00 every quarter. Share counts below use an implied price of $330.68, derived from the $1.46 annual dividend and the 0.44% yield.

Amount InvestedApprox. SharesAnnual Dividend IncomeIncome per Quarter
$1,0003$4.40$1.10
$5,00015.1$22.00$5.50
$10,00030.2$44.00$11.00
$25,00075.6$110.00$27.50
$100,000302.4$440.00$110.00

These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.

SPXL dividend payment schedule

SPXL pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is December 22, 2026, with payment on December 24, 2026. Later rows are projected forward at the same interval and will shift when Direxion Daily S&P500 Bull 3X Shares declares each dividend.

Ex-Dividend DatePayment DateAmount per ShareStatus
December 22, 2026December 24, 2026$0.31Confirmed
March 22, 2027March 24, 2027$0.31Projected
June 22, 2027June 24, 2027$0.31Projected
September 22, 2027September 24, 2027$0.31Projected

To collect a SPXL dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.

How SPXL's dividend compares

Across the 1000 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.57%. SPXL's 0.44% is 3.13 percentage points below that median, ranking 936th of 1000 by yield.

Within Diversified Fund, where we track 226 names, the median yield is 3.50% — putting SPXL below its sector.

Its 2-year run of dividend increases ranks 434th out of the 553 names in our data with an active growth streak.

What the numbers mean

Like most US dividend payers, SPXL distributes quarterly, so a full year of ownership produces four payments.

Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.

SPXL dividend FAQ

When is the next SPXL ex-dividend date?

The next SPXL ex-dividend date is December 22, 2026, with the payment scheduled for December 24, 2026. You must own shares before the ex-dividend date to receive that payment.

What is SPXL's dividend yield?

SPXL currently yields 0.44%, based on $1.46 in dividends per share over the past year.

How often does SPXL pay dividends?

SPXL pays quarterly, which works out to 4 payments per year of about $0.31 per share.

How much dividend income would $10,000 of SPXL generate?

At the current 0.44% yield, $10,000 invested in SPXL would produce roughly $44.00 per year, or about $11.00 per quarter, before taxes and assuming the dividend holds.

Has SPXL increased its dividend?

Yes — SPXL has raised its dividend for 2 consecutive years.

SPXL dividend history

DivTrkr holds 37 recorded SPXL dividend payments going back to 2008, with 4 consecutive complete years of increases. See the full SPXL dividend history — every payment, annual totals and growth by year.

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Track SPXL dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.