Putnam Managed Municipal Income Trust (NYSE:PMM – Get Free Report) declared a monthly dividend on Wednesday, January 8th,NASDAQ Dividends reports. Investors of record on Friday, January 24th will be given a dividend of 0.0238 per share on Monday, February 3rd. This represents a $0.29 annualized dividend and a yield of 4.70%. The ex-dividend date is Friday, January 24th.
Putnam Managed Municipal Income Trust has decreased its dividend by an average of 6.9% annually over the last three years.
Putnam Managed Municipal Income Trust Trading Up 0.3 %
Shares of Putnam Managed Municipal Income Trust stock opened at $6.08 on Friday. The company’s fifty day simple moving average is $6.20 and its 200-day simple moving average is $6.29. Putnam Managed Municipal Income Trust has a 1-year low of $5.82 and a 1-year high of $6.61.
About Putnam Managed Municipal Income Trust
Putnam Managed Municipal Income Trust is a close-ended fixed income mutual fund launched and managed by Putnam Investment Management LLC. It is co-managed by Putnam Investments Limited. The fund invests in the fixed income markets of the United States. It primarily invests in a diversified portfolio of tax-exempt municipal securities, including high-yield securities that are rated below investment grade.
Featured Articles
- Five stocks we like better than Putnam Managed Municipal Income Trust
- Stock Analyst Ratings and Canadian Analyst Ratings
- EV Sales Are Hitting Record Highs: 3 ETFs That Can Benefit
- What is the Euro STOXX 50 Index?
- 3 Reasons Palo Alto May Be the Best Cybersecurity Stock in 2025
- Dividend Payout Ratio Calculator
- ServiceNow Targets New Highs With AI and Automation
Receive News & Ratings for Putnam Managed Municipal Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Putnam Managed Municipal Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.
