Putnam Municipal Opportunities Trust (NYSE:PMO) announced a monthly dividend on Monday, September 18th, Wall Street Journal reports. Investors of record on Tuesday, October 24th will be paid a dividend of 0.0541 per share by the financial services provider on Wednesday, November 1st. This represents a $0.65 dividend on an annualized basis and a yield of 5.08%. The ex-dividend date of this dividend is Monday, October 23rd.

Putnam Municipal Opportunities Trust has increased its dividend payment by an average of 1.5% annually over the last three years.

Shares of Putnam Municipal Opportunities Trust (NYSE:PMO) traded down 0.31% during midday trading on Monday, reaching $12.78. 87,664 shares of the company were exchanged. Putnam Municipal Opportunities Trust has a 52-week low of $11.57 and a 52-week high of $13.52. The firm’s 50 day moving average is $12.63 and its 200-day moving average is $12.39.

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Putnam Municipal Opportunities Trust Company Profile

Putnam Municipal Opportunities Trust (The Fund) is a diversified, closed-end fund. The Fund offers a dividend reinvestment plan. The fund seeks to provide as high a level of current income free from federal income tax. The Fund intends to achieve its objective by investing in a portfolio of investment-grade and some below investment-grade municipal bonds selected by Putnam Investment Management, LLC (Putnam Management).

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

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