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

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) declared a monthly dividend on Monday, July 1st, investing.com reports. Investors of record on Thursday, July 11th will be given a dividend of 0.1042 per share on Friday, July 19th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 7.69%. The ex-dividend date of this dividend is Thursday, July 11th.

Thornburg Income Builder Opportunities Trust Trading Up 0.2 %

Shares of TBLD stock traded up $0.03 on Wednesday, reaching $16.26. The company’s stock had a trading volume of 437 shares, compared to its average volume of 88,314. The stock’s fifty day simple moving average is $15.91 and its 200-day simple moving average is $15.81. Thornburg Income Builder Opportunities Trust has a 1 year low of $13.44 and a 1 year high of $16.71.

Insider Activity at Thornburg Income Builder Opportunities Trust

In related news, insider Brian W. Wixted purchased 1,620 shares of the stock in a transaction that occurred on Tuesday, April 23rd. The stock was bought at an average cost of $15.50 per share, for a total transaction of $25,110.00. Following the completion of the transaction, the insider now directly owns 1,620 shares in the company, valued at $25,110. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

About Thornburg Income Builder Opportunities Trust

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.