Putnam Emerging Markets ex-China ETF to Issue Annual Dividend of $4.50 (NYSEARCA:PEMX)

Putnam Emerging Markets ex-China ETF (NYSEARCA:PEMX) announced an annual dividend on Thursday, December 18th. Stockholders of record on Friday, December 19th will be paid a dividend of 4.5009 per share on Tuesday, December 23rd. This represents a dividend yield of 722.0%. The ex-dividend date is Friday, December 19th.

Putnam Emerging Markets ex-China ETF Stock Performance

Shares of Putnam Emerging Markets ex-China ETF stock traded down $3.05 during midday trading on Friday, reaching $62.33. 102 shares of the company’s stock traded hands, compared to its average volume of 1,561. The stock has a 50 day moving average of $66.20 and a 200-day moving average of $62.21. Putnam Emerging Markets ex-China ETF has a 12 month low of $45.90 and a 12 month high of $68.18. The company has a market cap of $15.58 million, a PE ratio of 15.37 and a beta of 0.72.

About Putnam Emerging Markets ex-China ETF

The Putnam Emerging Markets ex-China ETF (PEMX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that pursues alpha over a full market cycle through fundamental research in emerging markets, excluding China. The fund targets a portfolio comprised of value and/or growth stocks.