TLT— iShares 20+ Year Treasury Bond ETF
NasdaqGMiShares 20+ Year Treasury Bond ETF (TLT) ETF trades at $86.20, up 0.13% on the day. TLT is an exchange-traded fund (ETF) — a single, diversified holding that trades like a stock. Below you'll find TLT's full fundamentals, fair-value estimates, dividend history, earnings and our buy, hold or avoid verdict for 2026.
Price & Performance
Performance
Analysis & Verdict
AI Insight
Powered by ClaudeAI-generated analysis for informational purposes only. Not financial advice.
Fair Value Estimates
Current price: $86.20
Graham Number
√(22.5 × EPS × Book Value)
N/A
Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.
Bazin Ceiling Price
Avg. Annual DPS (5Y) ÷ 6%
$52.77
Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.
These are simplified estimates. Not financial advice.
Buy & Hold Checklist
Quality criteria for long-term holding
3/10
100% score
Pays dividends
15Y hist.15+ years of dividend history
Dividend consistency (5Y+)
15 yrsUninterrupted dividend payments for at least 5 years
ROE above 10%
Return on equity — measures how efficiently capital is used
Positive profit margin
Net profit margin must be positive — company earns more than it spends
Revenue growth (annual)
Annual revenue must be growing compared to the prior year
Earnings growth (annual)
Annual earnings must be growing compared to the prior year
Debt/Equity below 2×
Low financial leverage reduces risk of distress
Current ratio above 1
Short-term assets must cover short-term liabilities
Daily liquidity above $5M
$2.2B/dayHigh trading volume ensures easy entry and exit
Dividend yield above 0%
Stock must distribute income to shareholders
Financials
Revenue & Results
Key Statistics
SEC Filings & Reported Financials
Earnings History
SEC EDGAR · official filings
SEC Filings
Official EDGAR documents
Insider Transactions
SEC Form 4 · officers, directors & 10% owners
Dividends & Income
Dividends
Current DY
—
5Y Avg Annual
$3.0488
Last Payment
$0.3360
Ex-Date
06/01/2026
Annual dividends paid per share
| Ex-Date | Payment | Amount | Est. DY |
|---|---|---|---|
Latest06/01/2026 | 06/15/2026 | $0.3360 | 1.56% |
05/01/2026 | 05/15/2026 | $0.3150 | 1.46% |
04/01/2026 | 04/15/2026 | $0.3450 | 1.60% |
03/02/2026 | 03/16/2026 | $0.3010 | 1.40% |
02/02/2026 | 02/16/2026 | $0.3320 | 1.54% |
12/19/2025 | 01/02/2026 | $0.3420 | 1.59% |
12/01/2025 | 12/15/2025 | $0.3210 | 1.49% |
11/03/2025 | 11/17/2025 | $0.3250 | 1.51% |
Magic Number
Shares needed to self-fund your next purchase
$86.20
Price
$0.3360
Last div. (monthly)
257
shares
Own 257 TLT shares ($22,153.40) and each monthly dividend pays for 1 new share — the snowball runs on its own.
Investment target
$22,153.40
New shares / year
+12 shares
Tools & Simulators
If You Had Invested…
Hypothetical return based on historical prices
* Dividend reinvestment calculated at ex-date price. For informational purposes only.
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About iShares 20+ Year Treasury Bond ETF
The fund will invest at least 80% of its assets in the component securities of the underlying index, and it will invest at least 90% of its assets in U.S. Treasury securities that the advisor believes will help the fund track the underlying index. The underlying index measures the performance of public obligations of the U.S. Treasury that have a remaining maturity greater than or equal to twenty years.
TLT — Frequently Asked Questions
What is TLT's stock price today?
iShares 20+ Year Treasury Bond ETF (TLT) trades at $86.20, up 0.13% on the session. Prices on this page update throughout the trading day.
Does TLT pay a dividend?
No. iShares 20+ Year Treasury Bond ETF (TLT) does not currently pay a dividend, so the return comes entirely from share-price appreciation.
Disclaimer: This page — including any buy/hold/avoid view, fair value or price estimate — is generated from market data for informational and educational purposes only and does not constitute financial, investment or trading advice. Data may be delayed or inaccurate. Always do your own research and consult a licensed financial advisor before making any investment decision.