Putnam Mun Oppo (NYSE:PMO – Get Free Report) declared a monthly dividend on Wednesday, August 5th. Investors of record on Friday, October 23rd will be paid a dividend of 0.052 per share by the financial services provider on Friday, October 30th. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date is Friday, October 23rd.
Putnam Mun Oppo Stock Performance
Shares of NYSE PMO opened at $10.29 on Thursday. The business has a fifty day simple moving average of $10.55 and a 200 day simple moving average of $10.51. Putnam Mun Oppo has a one year low of $9.72 and a one year high of $10.87.
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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