Western Asset Municipal D Opp Trust Inc. (NYSE:MTT) announced a monthly dividend on Tuesday, August 21st, Wall Street Journal reports. Investors of record on Friday, October 19th will be paid a dividend of 0.079 per share on Thursday, November 1st. This represents a $0.95 annualized dividend and a yield of 4.47%. The ex-dividend date is Thursday, October 18th.
MTT stock traded up $0.02 during trading on Tuesday, hitting $21.22. The company had a trading volume of 900 shares, compared to its average volume of 27,256. Western Asset Municipal D Opp Trust has a one year low of $20.45 and a one year high of $23.85.
About Western Asset Municipal D Opp Trust
Western Asset Municipal Defined Opportunity Trust Inc is a close-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company. It invests in fixed income markets of the United States. The fund makes its investments in the securities of companies operating across diversified sectors.
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