Putnam ESG Ultra Short ETF (NYSEARCA:PULT) Plans Dividend Increase – $0.20 Per Share

Putnam ESG Ultra Short ETF (NYSEARCA:PULT) declared a monthly dividend on Monday, December 29th. Shareholders of record on Tuesday, December 30th will be paid 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 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 midday trading on Tuesday, hitting $50.61. 4,991 shares of the stock traded hands, compared to its average volume of 16,158. The firm has a 50-day moving average of $50.71 and a two-hundred day moving average of $50.68. Putnam ESG Ultra Short ETF has a one year low of $50.37 and a one year high of $50.84.

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.