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

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

Putnam ESG High Yield ETF Trading Down 0.3%

PHYD traded down $0.18 during midday trading on Friday, hitting $52.18. 160 shares of the company traded hands, compared to its average volume of 3,120. The business has a 50 day simple moving average of $52.26 and a two-hundred day simple moving average of $52.23. Putnam ESG High Yield ETF has a 52-week low of $48.79 and a 52-week high of $52.70. The company has a market capitalization of $232.21 million, a price-to-earnings ratio of 4.98 and a beta of 0.31.

About Putnam ESG High Yield ETF

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.