Putnam Municipal Opportunities Trust (NYSE:PMO – Get Free Report) announced a monthly dividend on Tuesday, August 6th, NASDAQ reports. Shareholders of record on Friday, August 23rd will be paid a dividend of 0.035 per share by the financial services provider on Tuesday, September 3rd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 3.97%. The ex-dividend date of this dividend is Friday, August 23rd.
Putnam Municipal Opportunities Trust has decreased its dividend payment by an average of 9.4% annually over the last three years.
Putnam Municipal Opportunities Trust Stock Up 0.9 %
Shares of PMO traded up $0.09 during midday trading on Wednesday, reaching $10.57. The company had a trading volume of 115,331 shares, compared to its average volume of 90,978. Putnam Municipal Opportunities Trust has a 1-year low of $8.57 and a 1-year high of $10.69. The firm has a 50 day simple moving average of $10.22 and a 200-day simple moving average of $10.16.
Putnam Municipal Opportunities Trust Company Profile
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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