TZA Dividend History & Yield Analysis

TZA has 21 recorded dividend payments. Below is the full payout history with ex-dividend dates, pay dates, annual dividend totals and the current trailing and forward yield.

Yield & Payout Metrics

Dividend yield (TTM)
5.31%
Forward yield
4.14%
Dividend per share (TTM)
$1.95
Annualized rate
$1.52
Payout frequency
Quarterly
Last payment
$0.3800
5-year dividend CAGR
-37.00%
Consecutive growth years

Yields calculated against a market price of $36.73.

Annual Dividend History

  • 2026$1.08
  • 2025$3.81
  • 2024$7.00
  • 2023$10.95
  • 2020$6.64
  • 2019$44.08
  • 2018$38.40

TZA Payout History & Ex-Dividend Dates

TZA dividend payments with ex-dividend date, pay date and amount per share
Ex-dividend datePay dateAmount / share
2026-06-012026-06-23$0.3800
2026-03-012026-03-24$0.7000
2025-12-012025-12-23$0.3400
2025-09-012025-09-23$0.5300
2025-06-012025-06-24$0.5600
2025-03-012025-03-25$2.38
2024-12-012024-12-23$0.8400
2024-09-012024-09-24$1.47
2024-06-012024-06-25$2.33
2024-03-012024-03-19$2.36
2023-12-012023-12-21$1.11
2023-09-012023-09-19$2.88
2023-06-012023-06-21$2.36
2023-03-012023-03-21$4.60
2020-03-012020-03-24$6.64
2019-12-012019-12-23$7.20
2019-09-012019-09-24$26.08
2019-03-012019-03-19$10.80
2018-12-012018-12-27$20.40
2018-09-012018-09-25$12.00
2018-03-012018-03-20$6.00

Does TZA pay dividends?

Yes. TZA pays on a quarterly schedule, most recently $0.3800 per share with an ex-dividend date of 2026-06-01. To receive a payout you must own the shares before the ex-dividend date; buying on or after it means the previous holder collects that payment.

How the TZA yield is calculated

The trailing yield divides the last twelve months of dividends per share ($1.95) by the latest market price. The forward yield annualizes the most recent payment across 4 payments per year, which reacts faster after a dividend raise or cut. A rising yield is only good news when it comes from a growing payout rather than a falling share price — check the annual history above and the TZA DCF fair value page for the cash flow behind it.