Western Asset Municipal Defined Opportunity Trust Inc. (MTT) Announces Monthly Dividend of $0.08

Western Asset Municipal Defined Opportunity Trust Inc. (NYSE:MTT) announced a monthly dividend on Tuesday, November 14th, Wall Street Journal reports. Investors of record on Friday, December 22nd will be paid a dividend of 0.084 per share on Friday, December 29th. This represents a $1.01 annualized dividend and a yield of 4.68%. The ex-dividend date is Thursday, December 21st.

Shares of Western Asset Municipal Defined Opportunity Trust (MTT) traded down $0.04 during trading hours on Tuesday, reaching $21.55. 32,600 shares of the company traded hands, compared to its average volume of 20,678. Western Asset Municipal Defined Opportunity Trust has a 12-month low of $21.43 and a 12-month high of $23.90.

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About Western Asset Municipal Defined Opportunity Trust

Western Asset Municipal Defined Opportunity Trust Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to provide high current income exempt from federal income tax and then to liquidate on or about April 30, 2021, and distribute all of the Fund’s net assets to shareholders.

Dividend History for Western Asset Municipal Defined Opportunity Trust (NYSE:MTT)

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