Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) to Issue $0.12 Dividend

Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) announced a dividend on Thursday, September 5th, NASDAQ reports. Stockholders of record on Friday, September 6th will be paid a dividend of 0.121 per share on Tuesday, September 10th. The ex-dividend date of this dividend is Friday, September 6th.

Putnam Focused Large Cap Value ETF Stock Down 1.2 %

NYSEARCA:PVAL traded down $0.45 during mid-day trading on Friday, hitting $36.20. 267,539 shares of the stock traded hands, compared to its average volume of 199,967. The business’s 50-day moving average price is $36.69 and its 200 day moving average price is $35.71. The company has a market cap of $544.81 million, a PE ratio of 16.48 and a beta of 0.82. Putnam Focused Large Cap Value ETF has a 12-month low of $27.68 and a 12-month high of $37.79.

Putnam Focused Large Cap Value ETF Company Profile

The Putnam Focused Large Cap Value ETF (PVAL) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed, non-transparent ETF that provides exposure to large-cap value companies in the US. The fund utilizes the Fidelity non-transparent model. PVAL was launched on May 25, 2021 and is managed by Putnam.