Putnam Municipal Opportunities Trust (NYSE:PMO – Get Free Report) announced a monthly dividend on Wednesday, May 22nd, Wall Street Journal reports. Investors of record on Monday, June 24th will be paid a dividend of 0.035 per share by the financial services provider on Monday, July 1st. This represents a $0.42 annualized dividend and a dividend yield of 4.16%. The ex-dividend date of this dividend is Monday, June 24th.
Putnam Municipal Opportunities Trust has decreased its dividend by an average of 9.4% per year over the last three years.
Putnam Municipal Opportunities Trust Trading Down 0.2 %
PMO stock opened at $10.09 on Thursday. The stock’s fifty day moving average is $9.99 and its two-hundred day moving average is $10.12. Putnam Municipal Opportunities Trust has a 1 year low of $8.57 and a 1 year high of $10.57.
About Putnam Municipal Opportunities Trust
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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