How much is TLTW's distribution?

TLTW's most recent distribution was $0.1310 per share, with an ex-dividend date of Sep 2, 2026. Over the last 12 months it paid $2.2430 per share across 12 payments, a trailing yield of 10.76%.

How often does TLTW pay a distribution?

iShares 20+ Year Treasury Bond Buywrite Strategy ETF pays on a monthly schedule. It made 12 payments in the last 12 months and 12 in 2025.

When is TLTW's next distribution?

TLTW's next ex-dividend date has not been announced yet. Based on its monthly schedule, the next payment follows the pattern in the table above.

Has TLTW ever cut its distribution?

Yes. Our payment-by-payment record shows 24 regular payments lower than the one before it. Option-income and bond funds vary their distributions with income earned, so reductions are routine for these funds.

How much did TLTW pay in dividends in 2025?

TLTW paid $3.3600 per share across 12 payments in 2025, down 1.3% from 2024.

What was TLTW's total return including distributions over the last year?

Over the 12 months to Sep 24, 2026, TLTW paid $2.2430 per share, 9.64% of its price a year earlier, while its price moved -10.4%. That is an approximate total return of -0.8% before taxes and reinvestment.

TLTW Dividend History

Name: iShares 20+ Year Treasury Bond Buywrite Strategy ETF (TLTW) dividend history
Creator: SmarterDividends

iShares 20+ Year Treasury Bond Buywrite Strategy ETF · every payment since 2022

iShares 20+ Year Treasury Bond Buywrite Strategy ETF (TLTW) has paid 49 distributions since 2022. The most recent was $0.1310 per share (ex-date Sep 2, 2026). Over the last 12 months TLTW paid $2.2430 across 12 payments, a trailing yield of 10.76%. The average of the last 3 regular payments is -23.9% versus the 3 before.

Latest distribution

$0.1310

Last ex-date

Sep 2, 2026

Paid, last 12 months

$2.24

Trailing yield

10.76%

Frequency

Monthly

Payments on record

What the record shows

TLTW has paid monthly since 2022, but its recent distributions have moved lower. Over the last 12 months, distributions totaled $2.243 per share and produced a 10.76% trailing yield. The recent average was 23.9% below the prior average, extending the pattern of lower recent payments.

The first year, 2022, was short only because payments began during it. Across the following full years, annual distributions totaled $5.381 per share in 2023, then fell in each of the next two years to $3.36 in 2025. This marks two consecutive years of lower annual distributions after the initial full year.

Over 12 months, distributions equaled 9.6% of the price from a year earlier, offsetting most of a 10.4% price decline. The approximate total return was -0.8%, as the distributions did not fully compensate for the lower price. The high payout therefore largely returned value lost through the price rather than producing a positive total return.

By SmarterDividends Team · written from the payment record on this page · updated Sep 24, 2026 · editorial policy

Distributions versus price, last 12 months

Paid out

9.64%

of price a year ago

Price change

-10.4%

$23.27 → $20.84

Approx. total return

-0.8%

before taxes

A high distribution rate paired with a falling price means part of the payout came back out of the share price. Total return adds distributions received to the price change; it ignores reinvestment and taxes.

TLTW distributions per year

Total paid per share by calendar year

Recent distribution amounts

Last 36 regular payments, per share