Somewhat Positive Media Coverage Somewhat Unlikely to Affect Western Asset Municipal D Opp Trust (MTT) Stock Price
Press coverage about Western Asset Municipal D Opp Trust (NYSE:MTT) has trended somewhat positive recently, Accern reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Western Asset Municipal D Opp Trust earned a news sentiment score of 0.23 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.1004701850239 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of Western Asset Municipal D Opp Trust (NYSE MTT) traded up 0.74% during trading on Friday, hitting $22.98. 15,256 shares of the stock traded hands. Western Asset Municipal D Opp Trust has a 52-week low of $21.43 and a 52-week high of $25.49. The company’s 50 day moving average is $23.04 and its 200 day moving average is $22.58.
The business also recently announced a monthly dividend, which will be paid on Monday, October 2nd. Investors of record on Friday, September 22nd will be issued a $0.084 dividend. The ex-dividend date is Thursday, September 21st. This represents a $1.01 dividend on an annualized basis and a yield of 4.39%.
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About Western Asset Municipal D Opp 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.
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