iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Raises Dividend to $0.31 Per Share

iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) announced a monthly dividend on Thursday, October 31st, NASDAQ reports. Shareholders of record on Friday, November 1st will be paid a dividend of 0.3105 per share by the exchange traded fund on Wednesday, November 6th. This represents a $3.73 annualized dividend and a dividend yield of 4.10%. The ex-dividend date of this dividend is Friday, November 1st. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:TLT traded down $1.61 during trading hours on Friday, hitting $90.84. The stock had a trading volume of 80,034,648 shares, compared to its average volume of 39,647,313. The stock’s fifty day simple moving average is $96.76 and its 200 day simple moving average is $94.00. iShares 20+ Year Treasury Bond ETF has a 1-year low of $86.22 and a 1-year high of $101.64. The firm has a market capitalization of $57.97 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.