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

Key Points

• Putnam Municipal Opportunities Trust (NYSE: PMO) has announced a monthly dividend of $0.0393 per share, payable on October 31st to shareholders of record on October 17th.
• The company has an annualized dividend yield of 4.5% and its stock opened at $10.41, with a twelve-month high of $10.93.
• Putnam Municipal Opportunities Trust focuses on fixed income markets in the United States, investing in sectors such as healthcare, utilities, and transportation.

PUTNAM MUN OPPO (NYSE:PMO - Get Free Report) announced a monthly dividend on Thursday, August 7th. Stockholders of record on Friday, October 17th will be paid a dividend of 0.0393 per share by the financial services provider on Friday, October 31st. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend is Friday, October 17th.

PUTNAM MUN OPPO Stock Performance

Shares of NYSE:PMO opened at $10.41 on Wednesday. The firm has a 50 day simple moving average of $10.11 and a 200-day simple moving average of $9.93. PUTNAM MUN OPPO has a twelve month low of $9.34 and a twelve month high of $10.93.

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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