Putnam Municipal Opportunities Trust (NYSE:PMO - Get Free Report) announced a monthly dividend on Monday, October 28th, Wall Street Journal reports. Investors of record on Friday, November 22nd will be given a dividend of 0.035 per share by the financial services provider on Monday, December 2nd. This represents a $0.42 annualized dividend and a yield of 4.02%. The ex-dividend date is Friday, November 22nd.
Putnam Municipal Opportunities Trust has decreased its dividend by an average of 9.4% annually over the last three years.
Putnam Municipal Opportunities Trust Stock Performance
PMO stock traded down $0.01 during midday trading on Tuesday, reaching $10.44. The company had a trading volume of 102,429 shares, compared to its average volume of 92,350. The stock has a 50 day moving average price of $10.65 and a 200 day moving average price of $10.32. Putnam Municipal Opportunities Trust has a fifty-two week low of $8.64 and a fifty-two week high of $10.96.
Putnam Municipal Opportunities Trust Company Profile
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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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