iShares 20+ Year Treasury Bond (TLT) Dividend

iShares 20+ Year Treasury Bond (TLT) currently pays a dividend yield of 4.83%, distributing $3.96 per share annually ($0.33 per month). It is an exchange-traded fund, so its distribution reflects the dividends collected from its underlying holdings.

TLT dividend at a glance

Dividend Yield4.83%
Annual Dividend$3.96 per share
Per Payment$0.33
Payout FrequencyMonthly
Payments per Year12
Next Ex-Dividend DateSeptember 3, 2026
Next Payment DateSeptember 24, 2026
TypeExchange-Traded Fund
Implied Share Price (from yield)$81.99

What TLT pays on a $10,000 investment

At a 4.83% yield, $10,000 invested in TLT generates about $483.00 per year, or roughly $40.25 every month. Share counts below use an implied price of $81.99, derived from the $3.96 annual dividend and the 4.83% yield.

Amount InvestedApprox. SharesAnnual Dividend IncomeIncome per Month
$1,00012.2$48.30$4.03
$5,00061$241.50$20.13
$10,000122$483.00$40.25
$25,000304.9$1,207.50$100.63
$100,0001,219.7$4,830.00$402.50

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 month — see how the dividend snowball compounds.

TLT dividend payment schedule

TLT pays on a monthly schedule — 12 payments a year. The next confirmed ex-dividend date is September 3, 2026, with payment on September 24, 2026. Later rows are projected forward at the same interval and will shift when iShares 20+ Year Treasury Bond declares each dividend.

Ex-Dividend DatePayment DateAmount per ShareStatus
September 3, 2026September 24, 2026$0.33Confirmed
October 3, 2026October 24, 2026$0.33Projected
November 3, 2026November 24, 2026$0.33Projected
December 3, 2026December 24, 2026$0.33Projected
January 3, 2027January 24, 2027$0.33Projected
February 3, 2027February 24, 2027$0.33Projected

To collect a TLT 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 TLT's dividend compares

Across the 713 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.76%. TLT's 4.83% is 1.07 percentage points above that median, ranking 299th of 713 by yield.

Among the 87 dividend ETFs we track, the median yield is 4.75% — putting TLT above that group.

What the numbers mean

Payout ratio is not reported for TLT because it is a fund rather than an operating company — an ETF distributes the income it collects from its holdings, so there are no company earnings to measure the payout against.

TLT pays monthly, which suits investors who want dividend income to line up with monthly living expenses rather than arriving in quarterly lumps.

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 fund pays them. See the qualified vs. ordinary dividend rules.

TLT dividend FAQ

When is the next TLT ex-dividend date?

The next TLT ex-dividend date is September 3, 2026, with the payment scheduled for September 24, 2026. You must own shares before the ex-dividend date to receive that payment.

What is TLT's dividend yield?

TLT currently yields 4.83%, based on $3.96 in dividends per share over the past year.

How often does TLT pay dividends?

TLT pays monthly, which works out to 12 payments per year of about $0.33 per share.

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

At the current 4.83% yield, $10,000 invested in TLT would produce roughly $483.00 per year, or about $40.25 per month, before taxes and assuming the dividend holds.

Is TLT a Dividend Aristocrat?

No. TLT is not currently on the Dividend Aristocrat or Dividend King list, which require 25 and 50 consecutive years of dividend increases respectively.

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Track TLT 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.