Putnam Municipal Opportunities Trust Dividend
Dividend criteria checks 1/6
Putnam Municipal Opportunities Trust is a dividend paying company with a current yield of 4.32%. Next payment date is on 3rd June, 2024 with an ex-dividend date of 23rd May, 2024.
Key information
4.3%
Dividend yield
385%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | 03 Jun 24 |
| Ex dividend date | 23 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$0.17 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Putnam Municipal Opportunities Trust declares $0.0531 dividend
Jan 27Putnam Municipal Opportunities Trust declares $0.0531 dividend
Oct 25Putnam Municipal Opportunities Trust declares $0.0531 dividend
Sep 23Putnam Municipal Opportunities Trust declares $0.0531 dividend
Jan 29Putnam Municipal Opportunities Trust declares $0.1331 dividend
Dec 11Putnam Municipal Opportunities Trust declares $0.0531 dividend
Nov 20Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PMO's dividend payments have been volatile in the past 10 years.
Growing Dividend: PMO's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Putnam Municipal Opportunities Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PMO) | 4.3% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.4% |
| Analyst forecast in 3 Years (PMO) | n/a |
Notable Dividend: PMO's dividend (4.32%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: PMO's dividend (4.32%) is low compared to the top 25% of dividend payers in the US market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (385.5%), PMO's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate PMO's cash payout ratio to determine if its dividend payments are covered by cash flows.