Putnam Mun Oppo (NYSE:PMO – Get Free Report) announced a monthly dividend on Thursday, May 14th. Stockholders of record on Monday, August 24th will be paid a dividend of 0.033 per share by the financial services provider on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Monday, August 24th.
Putnam Mun Oppo Trading Up 0.9%
Shares of Putnam Mun Oppo stock traded up $0.09 on Thursday, reaching $10.48. The stock had a trading volume of 114,149 shares, compared to its average volume of 68,662. Putnam Mun Oppo has a 1 year low of $9.70 and a 1 year high of $10.87. The business’s 50 day moving average is $10.41 and its two-hundred day moving average is $10.49.
Putnam Mun Oppo Company Profile
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.
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