Putnam Municipal Opportunities Trust (PMO) To Go Ex-Dividend on December 21st

Putnam Municipal Opportunities Trust (NYSE:PMO) declared a monthly dividend on Monday, November 20th, Wall Street Journal reports. Shareholders of record on Friday, December 22nd will be paid a dividend of 0.0541 per share by the financial services provider on Tuesday, January 2nd. This represents a $0.65 annualized dividend and a yield of 5.21%. The ex-dividend date of this dividend is Thursday, December 21st.

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

Shares of Putnam Municipal Opportunities Trust (NYSE PMO) opened at $12.45 on Friday. Putnam Municipal Opportunities Trust has a 1 year low of $11.70 and a 1 year high of $12.85.

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About Putnam Municipal Opportunities Trust

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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