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

Putnam Municipal Opportunities Trust (NYSE:PMO) declared a monthly dividend on Tuesday, February 11th,Wall Street Journal reports. Investors 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 3.93%. The ex-dividend date 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 Up 0.1 %

Shares of NYSE PMO traded up $0.02 during mid-day trading on Tuesday, hitting $10.70. 33,925 shares of the company’s stock traded hands, compared to its average volume of 91,368. Putnam Municipal Opportunities Trust has a 1 year low of $9.69 and a 1 year high of $10.96. The company’s 50-day moving average is $10.34 and its two-hundred day moving average is $10.49.

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.