Putnam Mun Oppo (PMO) To Go Ex-Dividend on April 23rd

Putnam Mun Oppo (NYSE:PMO) declared a monthly dividend on Monday, February 23rd. Stockholders of record on Thursday, April 23rd will be paid a dividend of 0.0393 per share by the financial services provider on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Thursday, April 23rd.

Putnam Mun Oppo Stock Performance

NYSE:PMO opened at $10.72 on Wednesday. The firm’s fifty day simple moving average is $10.61 and its 200 day simple moving average is $10.38. Putnam Mun Oppo has a twelve month low of $9.34 and a twelve month high of $10.79.

About Putnam Mun Oppo

Putnam Municipal Opportunities Trust (NYSE: PMO) is a diversified closed-end management investment company that seeks to provide current income exempt from federal income tax with a secondary objective of capital preservation. Established in 1982 and advised by Putnam Investment Management, the Trust invests primarily in municipal securities issued by U.S. states, municipalities and their instrumentalities. Its strategy combines high-quality bonds with selectively chosen sectors in the municipal market to generate tax-advantaged income for shareholders.

The Trust’s portfolio generally comprises general obligation bonds, revenue bonds and insured municipal securities, as well as unrated issues judged by its adviser to possess equivalent credit quality.