Putnam Municipal Opportunities Trust (NYSE:PMO – Get Free Report) declared a monthly dividend on Monday, April 22nd, Wall Street Journal reports. Stockholders of record on Friday, May 24th will be paid a dividend of 0.035 per share by the financial services provider on Monday, June 3rd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.28%. The ex-dividend date of this dividend is Thursday, May 23rd.
Putnam Municipal Opportunities Trust has decreased its dividend by an average of 9.4% annually over the last three years.
Putnam Municipal Opportunities Trust Price Performance
Shares of PMO remained flat at $9.82 on Monday. The company had a trading volume of 40,591 shares, compared to its average volume of 89,770. The company’s fifty day moving average is $10.16 and its 200-day moving average is $9.94. Putnam Municipal Opportunities Trust has a 1-year low of $8.57 and a 1-year high of $10.57.
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.
Featured Stories
- Five stocks we like better than Putnam Municipal Opportunities Trust
- Insider Buying Explained: What Investors Need to Know
- It’s Time to Buy Into the Super Micro Computer Stock Implosion
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Merger or Not, Albertson’s Companies is a Good Buy
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- 3 Cheap Stocks That Shouldn’t Be So
Receive News & Ratings for Putnam Municipal Opportunities Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Putnam Municipal Opportunities Trust and related companies with MarketBeat.com's FREE daily email newsletter.