Putnam Mun Oppo (NYSE:PMO – Get Free Report) declared a monthly dividend on Wednesday, August 5th. Stockholders of record on Friday, November 20th will be paid a dividend of 0.052 per share by the financial services provider on Monday, November 30th. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date is Friday, November 20th.
Putnam Mun Oppo Price Performance
PMO stock opened at $10.29 on Thursday. The business’s 50-day moving average is $10.55 and its two-hundred day moving average is $10.51. Putnam Mun Oppo has a fifty-two week low of $9.72 and a fifty-two week high of $10.87.
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.
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