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 | 0.395 | Mar 19, 2024 | Mar 20, 2024 | Mar 26, 2024 |
| Mar 23, 2023 | 0.258 | Jun 21, 2023 | Jun 22, 2023 | Jun 28, 2023 |
| Mar 20, 2023 | 0.262 | Mar 21, 2023 | Mar 22, 2023 | Mar 28, 2023 |
| Feb 03, 2022 | 0.078 | Jun 22, 2022 | Jun 23, 2022 | Jun 29, 2022 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| May 01, 2017 | 4:1 | -1.04% | -0.15% |
| Apr 02, 2013 | 3:1 | -1.03% | -3.48% |
Frequently Asked Questions
Is Direxion Daily S&P500 Bull 3X Shares (SPXL) 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 S&P500 Bull 3X Shares is also among the companies that regularly pay dividends.
What is SPXL'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%. SPXL's annual dividend yield for the trailing 12 months is N/A.
When did SPXL last pay a dividend?
SPXL last paid dividends on 2024-03-26, with the ex-dividend date being 2024-03-19.
When was the last time SPXL stock split?
SPXL stock split took place on 01-05-2017.
How did SPXL's stock split work?
Its last split took place on May 1, 2017, when Direxion Daily S&P500 Bull 3X Shares went through a 4:1 split leaving the shareholder with 4 share(s) who previously owned 1 SPXL share(s).