HDV vs TLTW: Which Is the Better Dividend Stock?
As of September 2026, TLTW (iShares 20+ Year Treasury Bond Buywrite Strategy ETF) screens as the stronger dividend stock, winning 3 of 3 head-to-head metrics. TLTW offers the higher yield at 10.80%, HDV has the higher dividend-safety score.
| Metric | HDV | TLTW |
|---|---|---|
| Forward yield | 3.00% | 10.80% |
| Annual dividend | $0.85 | $2.24 |
| Payout ratio | — | — |
| Years of growth | 0 yr | 1 yr |
| 5-yr dividend growth | 1.9% | — |
| 5-yr total return | 46% | — |
| Dividend safety score | 62 (C) | — |
| Fair value estimate | $11.92 | — |
| Upside to fair value | -59% | — |
| Frequency | monthly | monthly |
| Market cap | — | — |
| P/E ratio | 21.3 | — |
Higher yield
TLTW
10.80%
Safer dividend
HDV
Grade C
Faster growth
HDV
1.9%
HDV vs TLTW — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


