Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, January 16th will be paid a dividend of 0.09 per share by the closed-end fund on Wednesday, January 31st. This represents a $1.08 annualized dividend and a dividend yield of 5.43%. The ex-dividend date is Friday, January 12th.

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

Shares of Mainstay Definedterm Municipal Opptys Fd (MMD) traded up $0.07 on Wednesday, hitting $19.89. 53,557 shares of the stock traded hands, compared to its average volume of 62,200. Mainstay Definedterm Municipal Opptys Fd has a 12 month low of $18.44 and a 12 month high of $20.49.

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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).

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

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