Thornburg Income Builder Opportunities Trust
TBLDFinancial Services · Stock · monthly payer
Forward Yield
5.61%
Annual Dividend
$1.25
Payout Ratio
28%
5-Yr Growth
—
Ex-Date
Aug 13, 2026
Frequency
Monthly
Summary
As of August 2026, Thornburg Income Builder Opportunities Trust (TBLD) yields 5.61% ($1.25 per share annually), with a blended fair-value estimate of $41.48 — +86% upside, so it screens as undervalued. Dividend safety grade: B (78/100).
Is TBLD a good dividend stock?
YesThornburg Income Builder Opportunities Trust (TBLD) pays a monthly dividend yielding 5.61% ($1.25/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (28%)
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 5.61%
- Payout Ratio
- 28%
- Annual Dividend
- $1.25
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Aug 13, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- —
- Market Cap
- $716.1M
- P/E Ratio
- 5.0
- 5-Yr Total Return
- 9%
- 52-Week Range
- $19.48 – $23.02
- Dividend Safety
- B · 78/100
- Ever Cut?
- No
Frequently Asked Questions
TBLD Price — Last 12 Months
Daily close
Price Return
1 Year
+12%
3 Years
+46%
5 Years
+9%
52-Week Range
$19.48 – $23.02
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TBLD worth?
Undervaluedlow confidenceOur blended fair-value estimate for Thornburg Income Builder Opportunities Trust is $41.48 per share, versus a market price of $22.32. That implies 86% of upside — a margin of safety of about 46%.
Fair Value
$41.48
Current Price
$22.32
Upside
+86%
Margin of Safety
46%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 9.3% discount rate (CAPM), 4.0% stage-1 growth, 2.5% terminal growth, $4.44 EPS, $1.25 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
TBLD Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 13, 2026 | — | $0.1040 | regular |
| Jun 11, 2026 | — | $0.1040 | regular |
| May 11, 2026 | — | $0.1040 | regular |
| Apr 13, 2026 | — | $0.1040 | regular |
| Mar 12, 2026 | — | $0.1040 | regular |
| Feb 12, 2026 | — | $0.1040 | regular |
| Dec 30, 2025 | — | $0.1040 | regular |
| Dec 11, 2025 | — | $0.1040 | regular |
| Nov 13, 2025 | — | $0.1040 | regular |
| Oct 14, 2025 | — | $0.1040 | regular |
| Sep 12, 2025 | — | $0.1040 | regular |
| Aug 11, 2025 | — | $0.1040 | regular |
| Jul 11, 2025 | — | $0.1040 | regular |
| Jun 12, 2025 | — | $0.1040 | regular |
Income Calculator
At $1.25 / yr per share
