Putnam Municipal Opportunities Trust (NYSE:PMO – Get Free Report) declared a monthly dividend on Friday, March 7th, NASDAQ Dividends reports. Stockholders of record on Monday, March 17th will be given a dividend of 0.035 per share by the financial services provider on Monday, March 31st. This represents a $0.42 annualized dividend and a dividend yield of 4.05%. The ex-dividend date is Monday, March 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 opened at $10.38 on Friday. The business’s 50 day moving average is $10.46 and its 200 day moving average is $10.51. Putnam Municipal Opportunities Trust has a 12-month low of $9.69 and a 12-month 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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