Putnam Municipal Opportunities Trust (NYSE:PMO) announced a monthly dividend on Monday, April 15th, Wall Street Journal reports. Investors of record on Wednesday, April 24th will be paid a dividend of 0.0531 per share by the financial services provider on Wednesday, May 1st. This represents a $0.64 dividend on an annualized basis and a yield of 5.21%. The ex-dividend date is Tuesday, April 23rd.

Putnam Municipal Opportunities Trust has decreased its dividend by an average of 8.3% per year over the last three years.

Shares of Putnam Municipal Opportunities Trust stock opened at $12.22 on Monday. Putnam Municipal Opportunities Trust has a 12 month low of $10.85 and a 12 month high of $12.42.

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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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Dividend History for Putnam Municipal Opportunities Trust (NYSE:PMO)

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