Putnam Mun Oppo Plans Monthly Dividend of $0.04 (NYSE:PMO)

Putnam Mun Oppo (NYSE:PMO) announced a monthly dividend on Thursday, November 20th. Investors of record on Friday, January 23rd will be paid a dividend of 0.0393 per share by the financial services provider on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Friday, January 23rd.

Putnam Mun Oppo Stock Performance

NYSE:PMO traded down $0.02 during trading hours on Thursday, hitting $10.28. The company’s stock had a trading volume of 136,908 shares, compared to its average volume of 74,736. Putnam Mun Oppo has a twelve month low of $9.34 and a twelve month high of $10.90. The stock has a fifty day simple moving average of $10.36 and a 200-day simple moving average of $10.04.

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.