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

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) declared a monthly dividend on Thursday, April 3rd, 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 dividend yield of 7.10%. The ex-dividend date is Friday, April 11th.

Thornburg Income Builder Opportunities Trust Stock Performance

Shares of TBLD stock traded down $0.18 during mid-day trading on Thursday, hitting $17.61. 67,085 shares of the stock were exchanged, compared to its average volume of 67,012. The stock’s fifty day simple moving average is $17.45 and its two-hundred day simple moving average is $17.10. Thornburg Income Builder Opportunities Trust has a 12-month low of $15.19 and a 12-month high of $18.03.

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.