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

Putnam Municipal Opportunities Trust (NYSE:PMO) declared a monthly dividend on Monday, February 10th,Wall Street Journal reports. Shareholders of record on Monday, February 24th will be paid a dividend of 0.035 per share by the financial services provider on Monday, March 3rd. This represents a $0.42 annualized dividend and a 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 Price Performance

Shares of Putnam Municipal Opportunities Trust stock traded up $0.02 during trading hours on Tuesday, hitting $10.70. 33,925 shares of the company were exchanged, compared to its average volume of 91,368. The business has a 50-day moving average of $10.34 and a 200-day moving average of $10.49. Putnam Municipal Opportunities Trust has a 1 year low of $9.69 and a 1 year 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.