Putnam BDC Income ETF (NYSEARCA:PBDC) to Issue Dividend Increase – $0.83 Per Share

Putnam BDC Income ETF (NYSEARCA:PBDC) announced a quarterly dividend on Thursday, December 18th. Stockholders of record on Friday, December 19th will be given a dividend of 0.8251 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 10.9%. The ex-dividend date of this dividend is Friday, December 19th. This is a 0.6% increase from Putnam BDC Income ETF’s previous quarterly dividend of $0.82.

Putnam BDC Income ETF Trading Down 2.9%

Putnam BDC Income ETF stock traded down $0.90 on Friday, hitting $30.35. 16,528 shares of the stock traded hands, compared to its average volume of 82,112. Putnam BDC Income ETF has a 1 year low of $27.85 and a 1 year high of $36.86. The business’s fifty day simple moving average is $30.73 and its 200 day simple moving average is $32.44. The firm has a market cap of $242.77 million, a P/E ratio of 10.61 and a beta of 0.58.

About Putnam BDC Income ETF

The Putnam BDC Income ETF (PBDC) is an exchange-traded fund that mostly invests in financials equity. The fund is actively managed to hold a portfolio of US business development companies (BDCs) whose principal business is to invest in, lend capital to, or provide services to privately held or thinly traded US companies.