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

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Shareholders of record on Thursday, March 13th will be paid a dividend of 0.1042 per share on Thursday, March 20th. This represents a $1.25 annualized dividend and a yield of 7.00%. The ex-dividend date is Thursday, March 13th.

Thornburg Income Builder Opportunities Trust Price Performance

Shares of NASDAQ:TBLD traded up $0.26 during midday trading on Wednesday, reaching $17.85. 85,075 shares of the company’s stock were exchanged, compared to its average volume of 77,312. The company’s 50 day simple moving average is $16.93 and its two-hundred day simple moving average is $17.01. Thornburg Income Builder Opportunities Trust has a 12 month low of $15.19 and a 12 month high of $17.89.

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.