Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Shareholders of record on Wednesday, November 15th will be given a dividend of 0.09 per share by the closed-end fund on Thursday, November 30th. This represents a $1.08 annualized dividend and a yield of 5.39%. The ex-dividend date is Tuesday, November 14th.

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

Mainstay Definedterm Municipal Opptys Fd (NYSE MMD) traded down 0.10% during midday trading on Tuesday, hitting $20.04. The company’s stock had a trading volume of 31,285 shares. Mainstay Definedterm Municipal Opptys Fd has a 12 month low of $17.96 and a 12 month high of $20.42. The company’s 50 day moving average price is $20.12 and its 200 day moving average price is $19.80.

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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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