Putnam ESG Ultra Short ETF (NYSEARCA:PULT) Raises Dividend to $0.20 Per Share

Putnam ESG Ultra Short ETF (NYSEARCA:PULT) declared a monthly dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be given a dividend of 0.2018 per share on Friday, January 2nd. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend is Tuesday, December 30th. This is a 7.5% increase from Putnam ESG Ultra Short ETF’s previous monthly dividend of $0.19.

Putnam ESG Ultra Short ETF Price Performance

Shares of NYSEARCA PULT traded down $0.19 during mid-day trading on Tuesday, hitting $50.61. The company had a trading volume of 4,991 shares, compared to its average volume of 16,158. Putnam ESG Ultra Short ETF has a 1 year low of $50.37 and a 1 year high of $50.84. The stock’s 50-day moving average price is $50.71 and its 200-day moving average price is $50.68.

Putnam ESG Ultra Short ETF Company Profile

The Putnam ESG Ultra Short ETF (PULT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively invests in investment grade fixed income securities from around the world that meet certain environmental, social and governance criteria on a sector-specific basis.The fund expects to have an average weighted maturity of four years or less. PULT was launched on Jan 19, 2023 and is managed by Putnam.