iShares ETF

TLTW Dividend: Next Ex-Date, History & Total Return

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

Price
$20.88
Trailing 12-month yield
10.7%
Recent payout yield
9.3%
Next ex-date
Oct 2, 2026
Estimated

52-week range $20.82–$24.06 · -10.5% over 12 months · Data as of Sep 24, 2026

Next TLTW Dividend

EstimatedMonthly payer
Estimated next ex-dividend date
Oct 2, 2026
Estimated pay date
Nov 2, 2026
Estimated amount per share
$0.1435
Estimated from TLTW's recent distribution schedule (last actual ex-date: Sep 2, 2026 at $0.1311/share). Amounts vary each period — confirm with the fund's official announcement.
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TLTW Dividend History

49 distributions since Sep 2, 2022 · trailing 12-month total $2.24/share (10.7% of current price)

Distributions are down 57% vs a year ago ($0.1394 vs $0.3211 avg per payment)

Ex-dividend datePay dateAmount per share
Sep 2, 2026Oct 2, 2026$0.1311
Aug 4, 2026Sep 4, 2026$0.1523
Jul 2, 2026Aug 2, 2026$0.1347
Jun 2, 2026Jul 2, 2026$0.2172
May 4, 2026Jun 4, 2026$0.1214
Apr 2, 2026May 2, 2026$0.2115
Mar 3, 2026Apr 3, 2026$0.2040
Feb 3, 2026Mar 3, 2026$0.1742
Dec 23, 2025Jan 23, 2026$0.1869
Dec 2, 2025Jan 2, 2026$0.1876
Nov 4, 2025Dec 4, 2025$0.3783
Oct 2, 2025Nov 2, 2025$0.1445

Total distributions by year

2026 (8 payments)
$1.35/share
2025 (12 payments)
$3.36/share
2024 (12 payments)
$3.40/share
2023 (12 payments)
$5.38/share
2022 (5 payments)
$2.82/share

If You Invested $10,000 in TLTW

Aug 22, 2022 to Sep 23, 2026, using actual prices and distributions

End value with DRIP
$9,544
-4.6%
End value, dividends as cash
$9,415
-5.8% · $4,130 cash collected
Share price alone
-47.1%
excluding all dividends
Annualized (DRIP)
-1.1%
over 4.1 years
Historical performance. Reinvestment modeled at the closing price on the first trading day on or after each ex-dividend date. Past results do not predict future returns.

TLTW vs TLT

$10,000 invested Aug 22, 2022 to Sep 23, 2026, all dividends reinvested

TLTW (this fund)
$9,544
-4.6% total
TLT
$8,380
-16.2% total
An honest yardstick for income funds: high distributions can still trail simply holding a broad index. All series use actual prices and distributions with reinvestment on the ex-date.

TLTW House Money Calculator

How long until distributions alone repay your initial investment, at the recent payout rate

$

Buys ~478.9 shares at $20.88 · recent average distribution $0.1870/share monthly

Estimated time to breakeven
9.3 yrs
~112 monthly payments
Income per payment
$89.55
monthly
Annual income (recent payout rate)
$1,075
10.7% recent payout rate on the invested amount
Planning heuristic: assumes future distributions match the recent average and ignores share price changes and taxes. High-yield fund distributions vary significantly.

TLTW Income Goal Calculator

How much you would need invested today to reach a monthly income target, at the trailing 12-month payout rate

$
Investment needed
$55,836
Shares needed
2,675
at $20.88
Effective yield used
10.7%
trailing 12 months
Based on the trailing 12-month distributions per share. Future distributions can be higher or lower; this is not a guarantee of income.

About TLTW

Seeks income by holding the iShares 20+ Year Treasury Bond ETF and writing monthly covered calls on that fund.

Income: Monthly covered calls on TLT

Underlying
20+ year Treasury bonds (TLT)
Payout
monthly

Tax Considerations

Distributions from options-income ETFs are often classified partly as return of capital (ROC), which reduces your cost basis rather than being taxed as ordinary income in the year received. The exact split is published in the fund’s 19a-1 notices and finalized on your 1099-DIV.

TLTW Dividend FAQ

How often does TLTW pay dividends?
TLTW currently distributes every month, based on its recent payment history. Its most recent ex-dividend date was Sep 2, 2026 at $0.1311 per share.
When is TLTW's next ex-dividend date?
Based on its recent schedule, TLTW's next ex-dividend date is estimated around Oct 2, 2026, with payment around Nov 2, 2026. This is an estimate — the fund's official announcement is authoritative.
What is TLTW's dividend yield?
Over the trailing 12 months, TLTW paid $2.24 per share, a trailing 12-month yield of 10.7% at the current share price. The recent payout yield, from the latest payments annualized, is 9.3%. High-yield fund distributions vary, so these two yields can differ.
What is TLTW's total return with dividends reinvested?
A $10,000 investment in TLTW on Aug 22, 2022 would be worth about $9,544 on Sep 23, 2026 with all distributions reinvested (-4.6%). Share price alone moved -47.1% over the same period.

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Data as of Sep 24, 2026 (quotes delayed 15+ minutes). Data is refreshed daily from market sources. Nothing on this page is investment advice. Estimates (next dividend date, amounts, breakeven timelines) are derived from historical distributions and can differ from actual fund announcements. See how these numbers are calculated.