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

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) declared a monthly dividend on Monday, July 1st, investing.com reports. Shareholders 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 yield of 7.69%. The ex-dividend date is Thursday, July 11th.

Thornburg Income Builder Opportunities Trust Trading Up 0.2 %

NASDAQ:TBLD traded up $0.03 during trading hours on Wednesday, reaching $16.26. 437 shares of the stock were exchanged, compared to its average volume of 88,314. The firm has a 50 day simple moving average of $15.91 and a 200-day simple moving average of $15.81. Thornburg Income Builder Opportunities Trust has a 52 week low of $13.44 and a 52 week high of $16.71.

Insiders Place Their Bets

In other news, insider Brian W. Wixted bought 1,620 shares of Thornburg Income Builder Opportunities Trust stock in a transaction on Tuesday, April 23rd. The shares were bought at an average price of $15.50 per share, with a total value of $25,110.00. Following the acquisition, the insider now directly owns 1,620 shares in the company, valued at approximately $25,110. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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.