MainStay DefinedTerm Municipal Stock Dividends
MainStay DefinedTerm Municipal Opportunities Fund Stock Dividends Overview
MMD pays dividends monthly. Last paid amount was $0.0600 at May 31, 2024. As of today, dividend yield (TTM) is 4.72%.
Dividend Yield Range
AI Analysis of MMD
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 4.72% |
|---|---|
| Frequency | Monthly |
| 1Y Growth | -20.00% |
| Payout Ratio | 0 |
| Amount Per Share | $0.0600 |
| Next Ex-Dividend Date | Jun 14, 2024 |
| Next Payment Date | Jun 28, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from MMD the purchase should be done within the next 11 days.
Here's a simple guide on how to buy MMD stock.
MMD Dividend Payout History
To ensure a understanding of MMD's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 101 | Jan 05, 2016 | Feb 11, 2016 | Feb 29, 2016 | $0.0980 | 0.512% |
| 102 | Jan 05, 2016 | Jan 13, 2016 | Jan 29, 2016 | $0.0980 | 0.516% |
| 103 | Oct 01, 2015 | Dec 11, 2015 | Dec 31, 2015 | $0.0980 | 0.520% |
| 104 | Oct 01, 2015 | Nov 12, 2015 | Nov 30, 2015 | $0.0980 | 0.533% |
| 105 | Oct 01, 2015 | Oct 13, 2015 | Oct 30, 2015 | $0.0980 | 0.546% |
| 106 | Jul 02, 2015 | Sep 11, 2015 | Sep 30, 2015 | $0.0980 | 0.553% |
| 107 | Jul 02, 2015 | Aug 12, 2015 | Aug 31, 2015 | $0.0980 | 0.563% |
| 108 | Jul 02, 2015 | Jul 13, 2015 | Jul 31, 2015 | $0.0980 | 0.560% |
| 109 | Apr 02, 2015 | Jun 11, 2015 | Jun 30, 2015 | $0.0980 | 0.568% |
| 110 | Apr 02, 2015 | May 13, 2015 | May 29, 2015 | $0.0980 | 0.532% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
MMD Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from MMD dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MMD stock here.
Comparing MMD to Sector and Country
MMD pays a solid dividend yield of 4.72%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.76%). MMD’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.09%), which means that there are more attractive dividend stocks to consider.
