iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) to Issue Dividend Increase – $0.35 Per Share

iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) announced a monthly dividend on Tuesday, December 17th,NASDAQ Dividends reports. Investors of record on Wednesday, December 18th will be given a dividend of 0.351 per share by the exchange traded fund on Monday, December 23rd. This represents a $4.21 dividend on an annualized basis and a yield of 4.72%. The ex-dividend date is Wednesday, December 18th. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ TLT traded down $1.48 on Wednesday, hitting $89.16. The stock had a trading volume of 60,995,117 shares, compared to its average volume of 39,868,035. iShares 20+ Year Treasury Bond ETF has a 52-week low of $87.34 and a 52-week high of $101.64. The business’s fifty day moving average price is $92.38 and its 200 day moving average price is $94.48. The stock has a market cap of $57.76 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

About iShares 20+ Year Treasury Bond ETF

iShares 20+ Year Treasury Bond ETF (the Fund) is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of United States Treasury bonds with remaining maturities greater than 20 years. The Fund seeks to track the investment results of the Barclays U.S. 20+ Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of 20 or more years.