PUTNAM MUN OPPO (NYSE:PMO) Announces Monthly Dividend of $0.04

Key Points

• Putnam Municipal Opportunities Trust (NYSE: PMO) has declared a monthly dividend of $0.04 per share, payable on September 30th to stockholders of record by September 18th.
• The annualized dividend yield for the fund stands at 4.5%, reflecting its commitment to providing returns to its investors.
• As of the most recent trading session, the stock price for PMO was $10.40, with a 52-week range between $9.34 and $10.96.

PUTNAM MUN OPPO (NYSE:PMO - Get Free Report) announced a monthly dividend on Thursday, August 7th. Stockholders of record on Thursday, September 18th will be given a dividend of 0.0393 per share by the financial services provider on Tuesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date is Thursday, September 18th.

PUTNAM MUN OPPO Stock Down 0.3%

Shares of PMO traded down $0.03 during midday trading on Friday, reaching $10.36. 31,248 shares of the stock were exchanged, compared to its average volume of 66,030. PUTNAM MUN OPPO has a twelve month low of $9.34 and a twelve month high of $10.96. The business's 50-day moving average price is $9.93 and its 200 day moving average price is $9.94.

About PUTNAM MUN OPPO

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.