PUTNAM MUN OPPO (NYSE:PMO - Get Free Report) declared a monthly dividend on Wednesday, July 9th, Wall Street Journal reports. Investors of record on Friday, July 18th will be given a dividend of 0.0393 per share by the financial services provider on Thursday, July 31st. This represents a $0.47 dividend on an annualized basis and a yield of 4.78%. The ex-dividend date of this dividend is Friday, July 18th.
PUTNAM MUN OPPO Price Performance
NYSE:PMO traded down $0.03 during mid-day trading on Friday, reaching $9.88. 34,336 shares of the company's stock were exchanged, compared to its average volume of 91,634. PUTNAM MUN OPPO has a one year low of $9.34 and a one year high of $10.96. The business's fifty day simple moving average is $9.87 and its two-hundred day simple moving average is $10.10.
Hedge Funds Weigh In On PUTNAM MUN OPPO
An institutional investor recently raised its position in PUTNAM MUN OPPO stock. Royal Bank of Canada boosted its position in shares of PUTNAM MUN OPPO (NYSE:PMO - Free Report) by 16.6% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,246 shares of the financial services provider's stock after buying an additional 3,162 shares during the period. Royal Bank of Canada owned approximately 0.07% of PUTNAM MUN OPPO worth $226,000 at the end of the most recent quarter. 20.40% of the stock is owned by hedge funds and other institutional investors.
PUTNAM MUN OPPO Company Profile
(
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 Mun Oppo, 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 Mun Oppo wasn't on the list.
While Putnam Mun Oppo currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
