Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD) announced a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Investors of record on Thursday, March 15th will be given a dividend of 0.09 per share by the closed-end fund on Thursday, March 29th. This represents a $1.08 dividend on an annualized basis and a yield of 5.79%. The ex-dividend date is Wednesday, March 14th.
Mainstay Definedterm Municipal Opptys Fd has decreased its dividend by an average of 11.3% annually over the last three years.
Shares of Mainstay Definedterm Municipal Opptys Fd (MMD) opened at $18.64 on Tuesday. Mainstay Definedterm Municipal Opptys Fd has a 1-year low of $18.60 and a 1-year high of $20.49.
TRADEMARK VIOLATION NOTICE: “Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD) Announces $0.09 Monthly Dividend” was first published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of United States & international trademark & copyright laws. The original version of this piece can be accessed at https://www.dispatchtribunal.com/2018/03/20/mainstay-definedterm-municipal-opptys-fd-mmd-to-issue-0-09-monthly-dividend.html.
About Mainstay Definedterm Municipal Opptys Fd
Mainstay Definedterm Municipal Opportunities Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income exempt from regular the United States Federal income taxes (but which may be includable in taxable income for purpose of the Federal alternative minimum tax).
Receive News & Ratings for Mainstay Definedterm Municipal Opptys Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mainstay Definedterm Municipal Opptys Fd and related companies with MarketBeat.com's FREE daily email newsletter.