Putnam Mun Oppo (PMO) To Go Ex-Dividend on March 24th

Putnam Mun Oppo (NYSE:PMO) announced a monthly dividend on Monday, February 23rd. Investors of record on Tuesday, March 24th will be paid a dividend of 0.0393 per share by the financial services provider on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Tuesday, March 24th.

Putnam Mun Oppo Stock Performance

Shares of NYSE PMO opened at $10.38 on Friday. Putnam Mun Oppo has a one year low of $9.34 and a one year high of $10.87. The business has a 50-day moving average price of $10.64 and a two-hundred day moving average price of $10.47.

Putnam Mun Oppo Company Profile

Putnam Municipal Opportunities Trust (NYSE: PMO) is a diversified closed-end management investment company that seeks to provide current income exempt from federal income tax with a secondary objective of capital preservation. Established in 1982 and advised by Putnam Investment Management, the Trust invests primarily in municipal securities issued by U.S. states, municipalities and their instrumentalities. Its strategy combines high-quality bonds with selectively chosen sectors in the municipal market to generate tax-advantaged income for shareholders.

The Trust’s portfolio generally comprises general obligation bonds, revenue bonds and insured municipal securities, as well as unrated issues judged by its adviser to possess equivalent credit quality.