Putnam Municipal Opportunities Trust (NYSE:PMO – Get Free Report) declared 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 3.93%. The ex-dividend date of this dividend 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
PMO stock opened at $10.70 on Wednesday. The business’s 50-day simple moving average is $10.34 and its 200 day simple moving average is $10.49. Putnam Municipal Opportunities Trust has a twelve month low of $9.69 and a twelve month high of $10.96.
Putnam Municipal Opportunities Trust Company Profile
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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