Putnam Municipal Opportunities Trust (NYSE:PMO - Get Free Report) announced a monthly dividend on Monday, February 10th,Wall Street Journal reports. Stockholders 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 dividend on an annualized basis and a dividend yield of 3.94%. The ex-dividend date is Monday, February 24th.
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 stock traded up $0.10 during trading hours on Friday, reaching $10.67. 75,382 shares of the company's stock were exchanged, compared to its average volume of 94,406. Putnam Municipal Opportunities Trust has a 1 year low of $9.69 and a 1 year high of $10.96. The stock's fifty day moving average price is $10.34 and its two-hundred day moving average price is $10.50.
About Putnam Municipal Opportunities Trust
(
Get Free Report)
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.
See Also
Before you consider Putnam Municipal Opportunities Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Putnam Municipal Opportunities Trust wasn't on the list.
While Putnam Municipal Opportunities Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
