Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) to Issue $0.10 Monthly Dividend

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) announced a monthly dividend on Tuesday, April 1st, Wall Street Journal reports. Investors of record on Friday, April 11th will be paid a dividend of 0.1042 per share on Monday, April 21st. This represents a $1.25 dividend on an annualized basis and a yield of 7.10%. The ex-dividend date is Friday, April 11th.

Thornburg Income Builder Opportunities Trust Stock Performance

Thornburg Income Builder Opportunities Trust stock traded down $0.18 during midday trading on Thursday, hitting $17.61. 67,085 shares of the company were exchanged, compared to its average volume of 76,763. Thornburg Income Builder Opportunities Trust has a fifty-two week low of $15.19 and a fifty-two week high of $18.03. The company’s fifty day moving average price is $17.45 and its 200-day moving average price is $17.10.

Thornburg Income Builder Opportunities Trust Company Profile

The Trust is a global, multi-asset, actively managed portfolio that seeks to generate an attractive income stream by providing investors differentiated access to a dynamic blend of income generating investments. Thornburg believes that markets are inefficient with respect to the assessment of risk and reward due to the siloed nature of multi-asset analysis.