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

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) announced a monthly dividend on Wednesday, May 1st, Zacks reports. Shareholders of record on Monday, May 13th will be paid a dividend of 0.104 per share on Monday, May 20th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 7.92%. The ex-dividend date is Friday, May 10th.

Thornburg Income Builder Opportunities Trust Trading Up 0.3 %

TBLD stock opened at $15.76 on Thursday. The business’s fifty day moving average price is $15.79 and its 200 day moving average price is $15.46. Thornburg Income Builder Opportunities Trust has a 12-month low of $13.44 and a 12-month high of $16.71.

Insiders Place Their Bets

In related news, insider Brian W. Wixted purchased 1,620 shares of the business’s stock in a transaction on Tuesday, April 23rd. The shares were bought at an average price of $15.50 per share, for a total transaction of $25,110.00. Following the acquisition, the insider now directly owns 1,620 shares in the company, valued at $25,110. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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.