Putnam Municipal Opportunities Trust (NYSE:PMO – Get Free Report) announced a monthly dividend on Tuesday, April 8th, Wall Street Journal reports. Shareholders of record on Thursday, April 17th will be given a dividend of 0.035 per share by the financial services provider on Wednesday, April 30th. This represents a $0.42 annualized dividend and a yield of 4.36%. The ex-dividend date is Thursday, April 17th.
Putnam Municipal Opportunities Trust has decreased its dividend by an average of 4.2% per year over the last three years.
Putnam Municipal Opportunities Trust Price Performance
Shares of PMO stock opened at $9.63 on Thursday. The business has a 50-day simple moving average of $10.39 and a 200-day simple moving average of $10.44. Putnam Municipal Opportunities Trust has a 52-week low of $9.36 and a 52-week high of $10.96.
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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