Putnam Municipal Opportunities Trust (PMO) To Go Ex-Dividend on October 24th

by · The Markets Daily

Putnam Municipal Opportunities Trust (NYSE:PMO – Get Free Report) declared a monthly dividend on Monday, September 30th, Wall Street Journal reports. Investors of record on Thursday, October 24th will be given a dividend of 0.035 per share by the financial services provider on Friday, November 1st. This represents a $0.42 dividend on an annualized basis and a dividend yield of 3.86%. The ex-dividend date is Thursday, October 24th.

Putnam Municipal Opportunities Trust has decreased its dividend payment by an average of 9.4% per year over the last three years.

Putnam Municipal Opportunities Trust Trading Down 0.5 %

NYSE:PMO traded down $0.06 on Wednesday, hitting $10.87. The stock had a trading volume of 103,044 shares, compared to its average volume of 91,338. Putnam Municipal Opportunities Trust has a 1 year low of $8.57 and a 1 year high of $10.96. The firm’s fifty day simple moving average is $10.57 and its two-hundred day simple moving average is $10.24.

About Putnam Municipal Opportunities Trust

(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.

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