Putnam Mun Oppo (NYSE:PMO) to Issue Dividend of $0.04

Key Points

• Putnam Mun Oppo (NYSE:PMO) has declared a dividend of $0.04, scheduled for distribution on August 29th to investors of record as of August 19th, with an ex-dividend date on August 18th.
• The dividend yield for this distribution stands at a remarkable 476.0%.
• As of the latest trading, PMO stock is valued at $9.92, having fluctuated between a twelve-month low of $9.34 and a high of $10.96.

Putnam Mun Oppo (NYSE:PMO - Get Free Report) declared a dividend on Saturday, August 16th, investing.com reports. Investors of record on Tuesday, August 19th will be given a dividend of 0.0393 per share by the financial services provider on Friday, August 29th. This represents a yield of 476.0%. The ex-dividend date of this dividend is Monday, August 18th.

Putnam Mun Oppo Stock Up 0.1%

PMO stock opened at $9.92 on Friday. Putnam Mun Oppo has a twelve month low of $9.34 and a twelve month high of $10.96. The business has a 50 day moving average of $9.83 and a 200 day moving average of $10.04.

Putnam Mun Oppo 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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