PMO Dividend History & Yield

Franklin Municipal Opportunities Trust · NYSE

Stock Financial Services Monthly payer
$9.76
-1.51% today
as of Oct 24, 2026
TTM yield
5.46%
$0.533/share over the last 12 months
Forward yield
5.46%
$0.533/share indicated annual rate
Annual dividend
$0.533
per share, forward
Per payment
$0.0444
per share, every month
Frequency
Monthly
12 payments a year
Next ex-dividend date
Nov 20, 2026 Declared
in 26 days
Next pay date
Dec 4, 2026
in 40 days
Last ex-dividend date
Oct 23, 2026
$0.052 per share
Payout ratio
55%
of earnings
Market cap
n/a
P/E 11.6
5y dividend CAGR
-1.8%
annualised, regular payments
Growth streak
1 yr
consecutive annual raises
Years paying
33.1
since Sep 14, 1993
1y total return
-0.4%
price -5.5% + dividends 5.2%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Fri, Nov 20, 2026 (in 26 days) Dec 4, 2026 $0.0444 $4.44 Declared
Sun, Dec 20, 2026 (in 56 days) Jan 3, 2027 $0.0444 $4.44 Estimated
Tue, Jan 19, 2027 (in 86 days) Feb 2, 2027 $0.0444 $4.44 Estimated
Thu, Feb 18, 2027 (in 116 days) Mar 4, 2027 $0.0444 $4.44 Estimated
Sat, Mar 20, 2027 (in 146 days) Apr 3, 2027 $0.0444 $4.44 Estimated
Mon, Apr 19, 2027 (in 176 days) May 3, 2027 $0.0444 $4.44 Estimated
Wed, May 19, 2027 (in 206 days) Jun 2, 2027 $0.0444 $4.44 Estimated
Fri, Jun 18, 2027 (in 236 days) Jul 2, 2027 $0.0444 $4.44 Estimated
Sun, Jul 18, 2027 (in 266 days) Aug 1, 2027 $0.0444 $4.44 Estimated
Tue, Aug 17, 2027 (in 296 days) Aug 31, 2027 $0.0444 $4.44 Estimated
Thu, Sep 16, 2027 (in 326 days) Sep 30, 2027 $0.0444 $4.44 Estimated
Sat, Oct 16, 2027 (in 356 days) Oct 30, 2027 $0.0444 $4.44 Estimated

Estimated dates and amounts are projected from PMO's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $0.533 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Jul 21, 2023 to Oct 23, 2026; most recent $0.052$0.00$0.03$0.06Jul 21, 2023: $0.035Jul '23Aug 23, 2023: $0.035Sep 21, 2023: $0.035Oct 23, 2023: $0.035Nov 22, 2023: $0.035Dec 21, 2023: $0.035Dec '23Jan 23, 2024: $0.035Feb 22, 2024: $0.035Mar 21, 2024: $0.035Apr 23, 2024: $0.035May 23, 2024: $0.035May '24Jun 24, 2024: $0.035Jul 24, 2024: $0.035Aug 23, 2024: $0.035Sep 24, 2024: $0.035Oct 24, 2024: $0.035Oct '24Nov 22, 2024: $0.035Dec 23, 2024: $0.035Jan 24, 2025: $0.035Feb 24, 2025: $0.035Mar 17, 2025: $0.035Mar '25Apr 17, 2025: $0.035May 19, 2025: $0.039Jun 16, 2025: $0.039Jul 18, 2025: $0.039Aug 18, 2025: $0.039Aug '25Sep 18, 2025: $0.039Oct 17, 2025: $0.039Nov 17, 2025: $0.039Dec 15, 2025: $0.039Jan 23, 2026: $0.039Jan '26Feb 20, 2026: $0.039Mar 24, 2026: $0.039Apr 23, 2026: $0.039May 21, 2026: $0.039Jun 23, 2026: $0.052Jun '26Jul 24, 2026: $0.052Aug 24, 2026: $0.052Sep 23, 2026: $0.052Oct 23, 2026: $0.052

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$0.40$0.802017: $0.648$0.64820172018: $0.663$0.66320182019: $0.636$0.63620192020: $0.583$0.58320202021: $0.636$0.63620212022: $0.636$0.63620222023: $0.474$0.47420232024: $0.42$0.4220242025: $0.452$0.45220252026 (YTD): $0.455$0.4552026 YTD

How much PMO do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month2,252$21,974$1,200
$500 / month11,258$109,869$6,000
$1,000 / month22,515$219,737$12,000

Based on the forward yield of 5.46%. $10,000 in PMO would currently pay about $546 a year ($46 a month on average). Model reinvestment and growth →

PMO dividend history

Ex-datePay dateAmountChange
Oct 23, 2026 — $0.052 +0.0%
Sep 23, 2026 — $0.052 +0.0%
Aug 24, 2026 — $0.052 +0.0%
Jul 24, 2026 — $0.052 +0.0%
Jun 23, 2026 — $0.052 +33.3%
May 21, 2026 — $0.039 +0.0%
Apr 23, 2026 — $0.039 +0.0%
Mar 24, 2026 — $0.039 +0.0%
Feb 20, 2026 — $0.039 +0.0%
Jan 23, 2026 — $0.039 +0.0%
Dec 15, 2025 — $0.039 +0.0%
Nov 17, 2025 — $0.039 +0.0%
Oct 17, 2025 — $0.039 +0.0%
Sep 18, 2025 — $0.039 +0.0%
Aug 18, 2025 — $0.039 +0.0%
Jul 18, 2025 — $0.039 +0.0%
Jun 16, 2025 — $0.039 +0.0%
May 19, 2025 — $0.039 +11.4%
Apr 17, 2025 — $0.035 +0.0%
Mar 17, 2025 — $0.035 +0.0%
Feb 24, 2025 — $0.035 +0.0%
Jan 24, 2025 — $0.035 +0.0%
Dec 23, 2024 — $0.035 +0.0%
Nov 22, 2024 — $0.035 +0.0%

PMO dividend increases & cuts

Market-wide changes →
Ex-dateChangeOldNewStatus
Jun 23, 2026 Raised 33.3% $0.039 $0.052 Paid

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicLow risk

PMO scores 20/100 on our yield-trap heuristic (low risk).

1 warning flag raised:

  • Payment was cut within the last 5 years

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Franklin 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. Putnam Municipal Opportunities Trust was formed in 1993 and is domiciled in United States.

Sector: Financial Services. Industry: Asset Management. First dividend on our records: Sep 14, 1993. 389 payments tracked. Data last refreshed Oct 24, 2026. Spotted a mistake? Report it and we'll fix it.

PMO dividend FAQ

When is PMO's next ex-dividend date?

PMO's next ex-dividend date is Nov 20, 2026 (in 26 days, declared by the company). You must own the shares before that date to receive the payment of about $0.0444 per share, expected on Dec 4, 2026.

How often does PMO pay dividends?

PMO pays dividends every month, 12 times a year. The most recent payment was $0.052 per share with an ex-date of Oct 23, 2026.

What is PMO's dividend yield?

PMO's trailing 12-month dividend yield is 5.46%, based on $0.533 per share paid over the last year and a share price of $9.76. The forward yield, using the indicated annual rate of $0.533 per share, is 5.46%.

How much does PMO pay per share?

PMO pays about $0.0444 per share each month, which works out to roughly $0.533 per share a year. 100 shares would collect about $53.30 a year.

Has PMO grown or cut its dividend?

PMO has raised its annual dividend for 1 consecutive year. Over the last 5 years the regular payout has shrunk at 1.8% a year (+20.0% over the last year). PMO did cut a regular payment within the last 5 years.

How many shares of PMO do I need to earn $100 a month?

At the current forward yield of 5.46%, you would need about 2,252 shares of PMO (roughly $21,974 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every month, so the monthly figure is an average.

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