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

by · The Markets Daily

Putnam Municipal Opportunities Trust (NYSE:PMO – Get Free Report) declared a monthly dividend on Tuesday, October 29th, Wall Street Journal reports. Investors of record on Friday, November 22nd will be given a dividend of 0.035 per share by the financial services provider on Monday, December 2nd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date of this dividend is Friday, November 22nd.

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 Stock Down 0.2 %

NYSE:PMO traded down $0.02 during mid-day trading on Tuesday, reaching $10.43. 102,559 shares of the company were exchanged, compared to its average volume of 92,350. Putnam Municipal Opportunities Trust has a 12 month low of $8.64 and a 12 month high of $10.96. The company has a fifty day moving average of $10.65 and a 200 day moving average of $10.32.

About Putnam Municipal Opportunities Trust

(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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