Putnam Municipal Opportunities Trust (NYSE:PMO – Get Free Report) declared a monthly dividend on Tuesday, August 1st, Wall Street Journal reports. Shareholders of record on Friday, September 22nd will be paid a dividend of 0.035 per share by the financial services provider on Monday, October 2nd. This represents a $0.42 dividend on an annualized basis and a yield of 4.36%. The ex-dividend date is Thursday, September 21st.
Putnam Municipal Opportunities Trust Stock Down 0.7 %
PMO opened at $9.64 on Tuesday. Putnam Municipal Opportunities Trust has a 12-month low of $9.55 and a 12-month high of $12.25. The business has a 50 day moving average of $10.00 and a 200-day moving average of $10.27.
Insider Buying and Selling at Putnam Municipal Opportunities Trust
In related news, COO Aaron M. Cooper bought 12,702 shares of the business’s stock in a transaction dated Monday, July 10th. The stock was bought at an average price of $10.29 per share, for a total transaction of $130,703.58. Following the purchase, the chief operating officer now owns 34,160 shares in the company, valued at approximately $351,506.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, COO Aaron M. Cooper purchased 7,443 shares of the business’s stock in a transaction dated Thursday, July 6th. The stock was bought at an average price of $10.07 per share, with a total value of $74,951.01. Following the acquisition, the chief operating officer now owns 7,443 shares in the company, valued at approximately $74,951.01. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Aaron M. Cooper acquired 12,702 shares of the stock in a transaction on Monday, July 10th. The shares were purchased at an average price of $10.29 per share, with a total value of $130,703.58. Following the completion of the transaction, the chief operating officer now owns 34,160 shares of the company’s stock, valued at $351,506.40. The disclosure for this purchase can be found here. Insiders own 0.02% of the company’s stock.
Institutional Inflows and Outflows
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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