Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) to Issue $1.61 Annual Dividend

Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) declared an annual dividend on Thursday, December 18th. Investors of record on Friday, December 19th will be paid a dividend of 1.6076 per share on Tuesday, December 23rd. This represents a dividend yield of 619.0%. The ex-dividend date is Friday, December 19th.

Putnam PanAgora ESG Emerging Markets Equity ETF Stock Down 4.3%

Shares of NYSEARCA PPEM traded down $1.18 during mid-day trading on Friday, hitting $25.96. 100 shares of the company traded hands, compared to its average volume of 3,750. Putnam PanAgora ESG Emerging Markets Equity ETF has a 1 year low of $18.92 and a 1 year high of $28.64. The stock has a market capitalization of $48.80 million, a price-to-earnings ratio of 15.43 and a beta of 0.71. The business has a 50 day moving average of $27.75 and a two-hundred day moving average of $26.26.

Putnam PanAgora ESG Emerging Markets Equity ETF Company Profile

The PortfolioPlus Emerging Markets ETF (PPEM) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in companies of any capitalization located in emerging markets. Selected companies are perceived to possess positive environmental, social, and governance criteria.