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

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) declared a monthly dividend on Wednesday, March 5th, Wall Street Journal reports. Shareholders of record on Thursday, March 13th will be given 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 of this dividend is Thursday, March 13th.

Thornburg Income Builder Opportunities Trust Price Performance

Shares of TBLD stock traded up $0.27 during mid-day trading on Wednesday, hitting $17.86. The company had a trading volume of 85,075 shares, compared to its average volume of 77,312. The stock’s 50 day moving average price is $16.93 and its 200-day moving average price is $17.01. Thornburg Income Builder Opportunities Trust has a 52-week low of $15.19 and a 52-week 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.