Ex-Div Reminder For Putnam Municipal Opportunities Trust (PMO)

Looking at the universe of stocks we cover at Dividend Channel, on 6/22/15, Putnam Municipal Opportunities Trust ( PMO) will trade ex-dividend, for its monthly dividend of $0.0595, payable on 7/1/15. As a percentage of PMO's recent stock price of $11.83, this dividend works out to approximately 0.50%.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for PMO, showing historical dividends prior to the most recent $0.0595 declared by Putnam Municipal Opportunities Trust:

PMO+Dividend+History+Chart

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 6.04% 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:

Putnam Municipal Opportunities Trust 200 Day Moving Average Chart

Looking at the chart above, PMO's low point in its 52 week range is $11.33 per share, with $12.62 as the 52 week high point — that compares with a last trade of $11.83.

According to the ETF Finder at ETF Channel, PMO makes up 1.46% of the CEF Municipal Income ETF ( XMPT) which is trading relatively unchanged on the day Thursday.

In Thursday trading, Putnam Municipal Opportunities Trust shares are currently up about 0.1% on the day.

If you liked this article you might like

Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: SUNS, PMO, IGR

Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: SUNS, PMO, IGR

Ex-Dividends To Watch: 3 Stocks Going Ex-Dividend Tomorrow: PFO, PMO, AWP

Ex-Dividends To Watch: 3 Stocks Going Ex-Dividend Tomorrow: PFO, PMO, AWP

3 Stocks With Upcoming Ex-Dividend Dates: SBW, PMO, PPT

3 Stocks With Upcoming Ex-Dividend Dates: SBW, PMO, PPT

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Monday: PIM, PMO, BCA

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Monday: PIM, PMO, BCA

Ex-Div Reminder For Putnam Municipal Opportunities Trust (PMO)

Ex-Div Reminder For Putnam Municipal Opportunities Trust (PMO)