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NYLI MacKay DefinedTerm Muni Opportunities Fund Declares Monthly Dividend Distribution for April 2025

1. MMD announces a consistent dividend of $0.06 per share for April 2025.

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FAQ

Why Neutral?

Dividend consistency is unlikely to dramatically impact stock price. Historical performance shows steady dividends often maintain rather than boost stock value.

How important is it?

Consistent dividends indicate stability, though they have limited growth potential. Investors often value stability but may not respond strongly unless changes occur.

Why Short Term?

Immediate reaction to dividend announcements typically occurs, but long-term effects are limited. Consistent dividends can stabilize price but not promote growth.

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NEW YORK--(BUSINESS WIRE)--NYLI MacKay DefinedTerm Muni Opportunities Fund (the “Fund”) (NYSE:MMD) today announced its monthly dividend distribution of $0.06 per common share for the month of April 2025. This amount is consistent with the Fund's March 2025 dividend distribution, which was also $0.06 per common share. Portfolio and municipal market commentary will be published on or around April 1, 2025 and can be retrieved here. Dividend Distribution Schedule: Month Declaration Date Ex-Date Rec.

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