Putnam Municipal Opportunities Trust (NYSE:PMO) declared a monthly dividend on Monday, November 19th, Wall Street Journal reports. Investors of record on Thursday, January 24th will be paid a dividend of 0.0531 per share by the financial services provider on Friday, February 1st. This represents a $0.64 annualized dividend and a yield of 5.66%. The ex-dividend date is Wednesday, January 23rd.
Putnam Municipal Opportunities Trust has decreased its dividend payment by an average of 3.1% annually over the last three years.
Shares of PMO opened at $11.25 on Tuesday. Putnam Municipal Opportunities Trust has a 12-month low of $10.85 and a 12-month high of $12.72.
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About Putnam Municipal Opportunities Trust
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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