Putnam ESG High Yield ETF (NYSEARCA:PHYD) to Issue $0.16 Monthly Dividend

Putnam ESG High Yield ETF (NYSEARCA:PHYD) announced a monthly dividend on Thursday, February 19th. Shareholders of record on Friday, February 20th will be given a dividend of 0.1638 per share on Wednesday, February 25th. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Friday, February 20th.

Putnam ESG High Yield ETF Stock Performance

Shares of Putnam ESG High Yield ETF stock traded down $0.23 during trading hours on Friday, reaching $52.13. 160 shares of the company were exchanged, compared to its average volume of 3,120. Putnam ESG High Yield ETF has a 1 year low of $48.79 and a 1 year high of $52.70. The stock’s fifty day moving average is $52.26 and its 200 day moving average is $52.23. The firm has a market cap of $231.98 million, a PE ratio of 4.98 and a beta of 0.31.

Putnam ESG High Yield ETF Company Profile

The Putnam ESG High Yield ETF (PHYD) is an exchange-traded fund that mostly invests in high yield fixed income. The fund actively invests in long- and intermediate-term US high-yield corporate bonds that meet certain environmental, social and governance criteria on a sector-specific basis. PHYD was launched on Jan 19, 2023 and is managed by Putnam.