Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD) announced a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Shareholders of record on Thursday, March 15th will be paid 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 5.43%. The ex-dividend date of this dividend is Wednesday, March 14th.

Mainstay Definedterm Municipal Opptys Fd has decreased its dividend by an average of 9.0% annually over the last three years.

Shares of Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD) traded up $0.07 during trading on Wednesday, reaching $19.89. 53,557 shares of the company’s stock were exchanged, compared to its average volume of 62,200. Mainstay Definedterm Municipal Opptys Fd has a 1 year low of $18.44 and a 1 year high of $20.49.

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Mainstay Definedterm Municipal Opptys Fd Company Profile

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).

Dividend History for Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD)

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