'put up a poster' is correct and usable in written English.
It is used to refer to the action of hanging a poster on a wall or other vertical surface. For example, "I'm going to put up a poster for the local community theater production today."
Karl Rove, Mr Bush's guiding hand, recently put up a poster of Churchill in the Old Executive Office Building.
In his campaign office someone has put up a poster of him in a James Bond guise.
In its place he put up a poster advertising an exhibition of his work this month in the East Village.
And so a year ago she put up a poster in an upscale market in New Delhi.
We put up a poster with columns labeled 'him' and 'her' and we'd put Post-it notes under each with products we thought they'd want to buy".
Somebody put up a poster in Christopher Purdy's office in Jakarta showing Osama bin Laden with features of the comic character Mr. Bean.
On the living-room wall, someone had put up a poster-size outline of a dodo skeleton; the bones that had been found that day were shaded in with a red pencil.
"Their idea of recruitment is putting up a poster.
After May, he found himself fingerprinting dozens of Otpor activists caught doing anything from distributing matchboxes to putting up a poster.
On his first day, proud to finally hold a job, he is putting up a poster of Rita Hayworth when his bicycle is stolen.
Ms. Undercofler, a pianist trained at the Juilliard School and the Eastman School of Music in Rochester, joined the staff of the Kaufman Center as the music director of the Special Music School in 2004 and started Face the Music as an experiment in 2005 by putting up a poster advertising the group as an after-school new-music club.
