Putnam Municipal Opportunities Trust (NYSE:PMO - Get Free Report) declared a monthly dividend on Tuesday, April 8th, Wall Street Journal reports. Shareholders of record on Thursday, April 17th will be paid a dividend of 0.035 per share by the financial services provider on Wednesday, April 30th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.40%. The ex-dividend date of this dividend is Thursday, April 17th.
Putnam Municipal Opportunities Trust has decreased its dividend by an average of 4.2% annually over the last three years.
Putnam Municipal Opportunities Trust Price Performance
Shares of NYSE:PMO traded up $0.08 during trading on Friday, reaching $9.54. 108,173 shares of the company's stock traded hands, compared to its average volume of 94,318. Putnam Municipal Opportunities Trust has a fifty-two week low of $9.34 and a fifty-two week high of $10.96. The company has a 50-day simple moving average of $10.35 and a 200-day simple moving average of $10.42.
Putnam Municipal Opportunities Trust 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.
Featured Stories
Before you consider Putnam Municipal Opportunities Trust, 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 Municipal Opportunities Trust wasn't on the list.
While Putnam Municipal Opportunities Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
