Putnam BDC Income ETF (NYSEARCA:PBDC) Increases Dividend to $0.86 Per Share

Putnam BDC Income ETF (NYSEARCA:PBDC) announced a dividend on Thursday, October 3rd, NASDAQ reports. Stockholders of record on Friday, October 4th will be given a dividend of 0.8571 per share on Friday, October 18th. The ex-dividend date is Friday, October 4th. This is an increase from Putnam BDC Income ETF’s previous dividend of $0.79.

Putnam BDC Income ETF Price Performance

PBDC opened at $33.24 on Friday. The firm has a market capitalization of $76.45 million, a price-to-earnings ratio of 15.69 and a beta of 0.51. The company’s 50 day simple moving average is $33.23 and its two-hundred day simple moving average is $33.77. Putnam BDC Income ETF has a 1-year low of $29.00 and a 1-year high of $35.35.

Putnam BDC Income ETF Company Profile

The Putnam BDC Income ETF (PBDC) is an exchange-traded fund that mostly invests in financials equity. The fund is actively managed to hold a portfolio of US business development companies (BDCs) whose principal business is to invest in, lend capital to, or provide services to privately held or thinly traded US companies.