Mainstay Definedterm Municipal Opptys Fd (MMD) to Issue Monthly Dividend of $0.09 on November 30th

Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD) declared a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Investors 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 dividend on an annualized basis and a dividend yield of 5.62%. The ex-dividend date is Tuesday, November 14th.

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

Mainstay Definedterm Municipal Opptys Fd (MMD) opened at $19.21 on Monday. Mainstay Definedterm Municipal Opptys Fd has a 1 year low of $17.96 and a 1 year high of $20.42.

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About Mainstay Definedterm Municipal Opptys Fd

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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