Putnam Municipal Opportunities Trust (NYSE:PMO – Get Free Report) announced a monthly dividend on Monday, September 30th, Wall Street Journal reports. Shareholders of record on Thursday, October 24th will be given a dividend of 0.035 per share by the financial services provider on Friday, November 1st. This represents a $0.42 dividend on an annualized basis and a yield of 3.92%. The ex-dividend date is Thursday, October 24th.
Putnam Municipal Opportunities Trust has decreased its dividend payment by an average of 9.4% annually over the last three years.
Putnam Municipal Opportunities Trust Stock Performance
PMO opened at $10.72 on Tuesday. Putnam Municipal Opportunities Trust has a 1-year low of $8.57 and a 1-year high of $10.96. The business has a 50 day moving average price of $10.66 and a two-hundred day moving average price of $10.30.
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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