Putnam Managed (NYSE:PMM - Get Free Report) declared a dividend on Saturday, August 16th, investing.com reports. Shareholders of record on Tuesday, August 19th will be paid a dividend of 0.0265 per share on Friday, August 29th. This represents a yield of 537.0%. The ex-dividend date is Monday, August 18th.
Putnam Managed Stock Performance
NYSE PMM traded down $0.0050 during trading hours on Thursday, reaching $5.7850. The company's stock had a trading volume of 88,532 shares, compared to its average volume of 109,999. The business has a 50-day simple moving average of $5.89 and a 200 day simple moving average of $6.00. Putnam Managed has a 52 week low of $5.66 and a 52 week high of $6.61.
Putnam Managed Company Profile
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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.
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