Western Asset Municipal D Opp Trust Inc. (NYSE:MTT) announced a monthly dividend on Thursday, February 21st, Wall Street Journal reports. Investors of record on Thursday, April 18th will be given a dividend of 0.079 per share on Wednesday, May 1st. This represents a $0.95 annualized dividend and a yield of 4.53%. The ex-dividend date is Wednesday, April 17th.
Western Asset Municipal D Opp Trust has decreased its dividend by an average of 1.2% per year over the last three years.
NYSE MTT opened at $20.95 on Tuesday. Western Asset Municipal D Opp Trust has a one year low of $19.37 and a one year high of $22.40.
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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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