Putnam Mun Oppo (NYSE:PMO – Get Free Report) declared a monthly dividend on Thursday, May 14th. Shareholders of record on Tuesday, June 23rd will be paid a dividend of 0.033 per share by the financial services provider on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Tuesday, June 23rd.
Putnam Mun Oppo Trading Up 0.9%
PMO stock opened at $10.48 on Friday. The business’s fifty day moving average price is $10.41 and its two-hundred day moving average price is $10.49. Putnam Mun Oppo has a fifty-two week low of $9.70 and a fifty-two week high of $10.87.
About Putnam Mun Oppo
Putnam Municipal Opportunities Trust (NYSE: PMO) is a diversified closed-end management investment company that seeks to provide current income exempt from federal income tax with a secondary objective of capital preservation. Established in 1982 and advised by Putnam Investment Management, the Trust invests primarily in municipal securities issued by U.S. states, municipalities and their instrumentalities. Its strategy combines high-quality bonds with selectively chosen sectors in the municipal market to generate tax-advantaged income for shareholders.
The Trust’s portfolio generally comprises general obligation bonds, revenue bonds and insured municipal securities, as well as unrated issues judged by its adviser to possess equivalent credit quality.
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