Looking at the universe of stocks we cover at Dividend Channel, on 12/19/14, Putnam Municipal Opportunities Trust ( PMO) will trade ex-dividend, for its monthly dividend of $0.0595, payable on 1/2/15. As a percentage of PMO's recent stock price of $12.00, this dividend works out to approximately 0.50%.Below is a dividend history chart for PMO, showing historical dividends prior to the most recent $0.0595 declared by Putnam Municipal Opportunities Trust: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PMO is likely to continue, and whether the current estimated yield of 5.95% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PMO shares, versus its 200 day moving average: Looking at the chart above, PMO's low point in its 52 week range is $10.48 per share, with $12.03 as the 52 week high point — that compares with a last trade of $11.99. According to the ETF Finder at ETF Channel, PMO makes up 1.48% of the CEF Municipal Income ETF ( XMPT) which is trading relatively unchanged on the day Wednesday. In Wednesday trading, Putnam Municipal Opportunities Trust shares are currently down about 0.2% on the day.