Putnam Municipal Opportunities Trust (NYSE:PMO – Get Free Report) declared a monthly dividend on Tuesday, August 1st, Wall Street Journal reports. Shareholders of record on Friday, September 22nd will be paid a dividend of 0.035 per share by the financial services provider on Monday, October 2nd. This represents a $0.42 annualized dividend and a yield of 4.36%. The ex-dividend date of this dividend is Thursday, September 21st.
Putnam Municipal Opportunities Trust Stock Performance
PMO stock opened at $9.64 on Tuesday. The business has a fifty day simple moving average of $10.00 and a 200-day simple moving average of $10.27. Putnam Municipal Opportunities Trust has a 52 week low of $9.55 and a 52 week high of $12.25.
Insider Transactions at Putnam Municipal Opportunities Trust
In related news, COO Aaron M. Cooper purchased 12,702 shares of the stock in a transaction that occurred on Monday, July 10th. The stock was purchased at an average cost of $10.29 per share, for a total transaction of $130,703.58. Following the acquisition, the chief operating officer now owns 34,160 shares in the company, valued at $351,506.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, COO Aaron M. Cooper acquired 7,443 shares of the firm’s stock in a transaction on Thursday, July 6th. The stock was bought at an average cost of $10.07 per share, with a total value of $74,951.01. Following the transaction, the chief operating officer now directly owns 7,443 shares in the company, valued at approximately $74,951.01. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Aaron M. Cooper acquired 12,702 shares of the firm’s stock in a transaction on Monday, July 10th. The stock was purchased at an average cost of $10.29 per share, with a total value of $130,703.58. Following the completion of the transaction, the chief operating officer now owns 34,160 shares in the company, valued at $351,506.40. The disclosure for this purchase can be found here. Insiders own 0.02% of the company’s stock.
Hedge Funds Weigh In On Putnam Municipal Opportunities Trust
About Putnam Municipal Opportunities Trust
Putnam Municipal Opportunities Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in fixed income markets of United States. The fund invests in companies operating across healthcare, utilities, transportation, water and sewer, and housing sectors.
- Five stocks we like better than Putnam Municipal Opportunities Trust
- Dividend Tax Calculator
- Nikola’s Stock Could Double in Price Within Weeks
- Why Invest in High-Yield Dividend Stocks?
- Drones Can Lift AeroVironment Shares To New Heights
- How to Invest in EV Charging Stations
- On Holding Gets Back Into the Race After Gapping Down
Receive News & Ratings for Putnam Municipal Opportunities Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Putnam Municipal Opportunities Trust and related companies with MarketBeat.com's FREE daily email newsletter.