Putnam Municipal Opportunities Trust (NYSE:PMO – Get Free Report) announced a monthly dividend on Wednesday, August 7th, Wall Street Journal reports. Investors of record on Tuesday, September 24th will be paid a dividend of 0.035 per share by the financial services provider on Tuesday, October 1st. This represents a $0.42 dividend on an annualized basis and a yield of 3.93%. The ex-dividend date of this dividend is Tuesday, September 24th.
Putnam Municipal Opportunities Trust has decreased its dividend payment by an average of 9.4% per year over the last three years.
Putnam Municipal Opportunities Trust Stock Down 0.7 %
Shares of NYSE:PMO opened at $10.69 on Friday. The company has a 50-day simple moving average of $10.50 and a 200-day simple moving average of $10.21. Putnam Municipal Opportunities Trust has a one year low of $8.57 and a one year high of $10.85.
Putnam Municipal Opportunities Trust Company Profile
Putnam Municipal Opportunities Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in fixed income markets of United States. The fund invests in companies operating across healthcare, utilities, transportation, water and sewer, and housing sectors.
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