GOVT Dividend Yield 2026: iShares U.S. Treasury Bond ETF

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Data last updated: Oct 21, 2026

Dividend Yield: 3.78%

Dividend Frequency: monthly

Years of Dividend History: 15

About iShares U.S. Treasury Bond ETF Dividend

The iShares U.S. Treasury Bond ETF dividend comes from a fund that holds publicly-issued U.S. Treasury securities with maturities ranging from one to thirty years. At least 90% of assets stay in Treasuries, which means the income stream is tied directly to U.S. government debt, not corporate earnings. GOVT currently yields 3.78%, paid monthly. That monthly cadence and government-backed underlying holdings make this fund a fit for income investors who prioritize payment regularity over dividend growth.

Dividend Safety

iShares U.S. Treasury Bond ETF dividend safety is determined by the interest income generated from its underlying U.S. Treasury securities, not by corporate earnings or a payout ratio — payout ratio is not applicable (fund/ETF). The most data-supported pressure point is interest rate sensitivity: the fund's history table shows a sharp year-over-year decline in 2021 (to $0.2547 from $0.5909 in 2020), reflecting how changes in the rate environment can pull distributions lower even when the underlying securities are government-backed.

iShares U.S. Treasury Bond ETF (GOVT) Dividend Growth Rate, CAGR, and History

iShares U.S. Treasury Bond ETF dividend history shows a CAGR of 11.0% per year from 2013 to 2025. Per-share payments grew from $0.2290 to $0.8037 over that window (2026 is a partial year and excluded from the CAGR calculation). The largest single-year jump was 52.2% in 2023, but the window also contains at least one year-over-year decline exceeding 5%, so the growth path has not been linear.

iShares U.S. Treasury Bond ETF Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+26.0%	$0.40 (2022)	$0.80 (2025)
5-Year	+6.3%	$0.59 (2020)	$0.80 (2025)
10-Year	+9.9%	$0.31 (2015)	$0.80 (2025)

Is iShares U.S. Treasury Bond ETF a Good Dividend Stock?

GOVT fits dividend investors who want monthly income backed by U.S. Treasury securities and can accept that distributions move with the interest rate environment rather than a company's earnings growth. The yield sits at 3.78%, which falls in the moderate (2–4%) range. The 11.0% CAGR from 2013 to 2025 looks strong on paper, but that figure is heavily shaped by rate cycles, and the fund's history includes a significant single-year decline. What an investor gets is a monthly-paying, government-backed income stream. What they accept is that the distribution level can fall when rates shift.

Recent iShares U.S. Treasury Bond ETF Dividend Payments

Payment Date	Amount per Share
2026-10-01	$0.0710
2026-09-01	$0.0761
2026-08-03	$0.0725
2026-07-01	$0.0685
2026-06-01	$0.0709
2026-05-01	$0.0694
2026-04-01	$0.0676
2026-03-02	$0.0644
2026-02-02	$0.0690
2025-12-19	$0.0718

iShares U.S. Treasury Bond ETF Annual Dividend History

Year	Total Dividends
2026	$0.6294
2025	$0.8037
2024	$0.7224
2023	$0.6111
2022	$0.4015

Frequently Asked Questions

How often does GOVT pay dividends?

iShares U.S. Treasury Bond ETF (GOVT) pays dividends monthly — 12 times per year.

Does GOVT pay monthly dividends?

Yes — iShares U.S. Treasury Bond ETF (GOVT) pays dividends every month.

What is GOVT's dividend yield?

iShares U.S. Treasury Bond ETF (GOVT) currently yields 3.78% based on the annual dividend rate and today's share price.

Has iShares U.S. Treasury Bond ETF ever cut its dividend?

Yes, the available history shows a significant decline: the annual distribution fell from $0.5909 in 2020 to $0.2547 in 2021, a drop exceeding 50%. The data window covers 2013 to 2025, so earlier history is not available for review.

How fast has iShares U.S. Treasury Bond ETF grown its dividend?

GOVT has grown its dividend at a compound annual growth rate (CAGR) of 11.0% per year from 2013 to 2025. Per-share payments rose from $0.2290 to $0.8037 over that period, though the path included at least one year with a decline exceeding 5%.

Is iShares U.S. Treasury Bond ETF a good dividend stock for income investors?

GOVT offers a 3.78% yield paid monthly, backed entirely by U.S. Treasury securities. For income investors, the monthly cadence and government-backed holdings are appealing, but the distribution level has declined sharply in past rate environments, which is a real trade-off.

Is iShares U.S. Treasury Bond ETF dividend safe?

Payout ratio is not applicable (fund/ETF), so safety is assessed differently here. The underlying U.S. Treasury securities carry no default risk, but the distribution amount itself is not fixed and fell by more than 50% between 2020 and 2021 when the rate environment shifted.

What type of investor is iShares U.S. Treasury Bond ETF best suited for?

GOVT suits income investors who want monthly payments from government-backed securities and accept that distribution levels fluctuate with interest rates. The 3.78% yield and 4 consecutive years of increases are positives, but the fund is not designed for investors seeking steady, predictable dividend growth.

Latest GOVT News

• GMDC Declares ₹223.55 Crore Dividend to Gujarat Government - InvestyWise — InvestyWise
• Unknown Investor Buys Ksh42.5 Billion Worth of KPC Shares From State Firms - Money254 — Money254
• Disinvestment is back on the Modi govt’s agenda. PSU spending needs scrutiny too - ThePrint — ThePrint

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