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

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) announced a monthly dividend on Wednesday, April 1st, NASDAQ Dividends reports. Investors of record on Monday, April 13th will be paid a dividend of 0.1042 per share on Monday, April 20th. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend is Monday, April 13th.

Thornburg Income Builder Opportunities Trust Stock Performance

TBLD remained flat at $21.25 during trading on Friday. 66,976 shares of the company traded hands, compared to its average volume of 64,414. Thornburg Income Builder Opportunities Trust has a 1-year low of $15.94 and a 1-year high of $23.02. The stock has a 50 day moving average of $21.57 and a 200-day moving average of $20.59.

About Thornburg Income Builder Opportunities Trust

Thornburg Income Builder Opportunities Trust (NASDAQ: TBLD) is a closed-end management investment company that seeks to provide a high level of total return, with an emphasis on current income and the potential for capital appreciation. Listed on the NASDAQ, the Trust offers investors access to a managed portfolio that combines income-generating securities with opportunistic equity and convertible instruments. By blending diverse asset types, the Trust aims to balance yield objectives with capital growth prospects over a full market cycle.

The Trust’s investment approach centers on assembling a diversified mix of high-yield bonds, preferred securities, convertible debt and common stocks across U.S.