Western Asset Municipal D Opp Trust Inc. Announces Monthly Dividend of $0.08 (MTT)

Western Asset Municipal D Opp Trust Inc. (NYSE:MTT) announced a monthly dividend on Wednesday, May 22nd, Wall Street Journal reports. Shareholders of record on Friday, August 23rd will be given a dividend of 0.079 per share on Tuesday, September 3rd. This represents a $0.95 annualized dividend and a yield of 4.36%. The ex-dividend date of this dividend is Thursday, August 22nd.

Western Asset Municipal D Opp Trust has decreased its dividend by an average of 1.2% annually over the last three years.

Shares of MTT stock traded up $0.09 during mid-day trading on Wednesday, reaching $21.75. The stock had a trading volume of 33,648 shares, compared to its average volume of 25,108. Western Asset Municipal D Opp Trust has a 52-week low of $19.37 and a 52-week high of $21.87.

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Western Asset Municipal D Opp Trust Company Profile

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.

Further Reading: Analyzing a company’s cash flow statement

Dividend History for Western Asset Municipal D Opp Trust (NYSE:MTT)

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