Putnam Municipal Opportunities Trust (NYSE:PMO – Get Free Report) declared a monthly dividend on Monday, December 9th,Wall Street Journal reports. Stockholders of record on Monday, December 23rd will be given a dividend of 0.035 per share by the financial services provider on Thursday, January 2nd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.11%. The ex-dividend date of this dividend is Monday, December 23rd.
Putnam Municipal Opportunities Trust has decreased its dividend by an average of 9.4% per year over the last three years.
Putnam Municipal Opportunities Trust Stock Performance
Shares of NYSE PMO opened at $10.22 on Friday. Putnam Municipal Opportunities Trust has a 1 year low of $9.69 and a 1 year high of $10.96. The firm’s 50 day moving average price is $10.52 and its 200 day moving average price is $10.47.
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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