Putnam Municipal Opportunities Trust Plans Monthly Dividend of $0.04 (NYSE:PMO)

by · The Cerbat Gem

Putnam Municipal Opportunities Trust (NYSE:PMO – Get Free Report) declared a monthly dividend on Monday, February 10th, Wall Street Journal reports. Stockholders of record on Monday, February 24th will be given a dividend of 0.035 per share by the financial services provider on Monday, March 3rd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 3.92%. The ex-dividend date of this dividend is Monday, February 24th.

Putnam Municipal Opportunities Trust has decreased its dividend payment by an average of 4.2% annually over the last three years.

Putnam Municipal Opportunities Trust Stock Down 0.1 %

NYSE PMO opened at $10.72 on Friday. The business has a 50-day moving average price of $10.35 and a 200-day moving average price of $10.50. Putnam Municipal Opportunities Trust has a twelve month low of $9.69 and a twelve month high of $10.96.

Putnam Municipal Opportunities Trust Company Profile

(Get Free Report)

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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