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Putnam Managed Municipalome Trust (Putnam Managed Municipalome Trust) Forward Dividend Yield % : 4.81% (As of May. 06, 2024)


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What is Putnam Managed Municipalome Trust Forward Dividend Yield %?

As of today (2024-05-06), the Forward Annual Dividend Yield of Putnam Managed Municipalome Trust is 4.81%.

As of today (2024-05-06), the Trailing Annual Dividend Yield of Putnam Managed Municipalome Trust is 4.81%.

PMM's Forward Dividend Yield % is ranked worse than
61.56% of 1207 companies
in the Asset Management industry
Industry Median: 5.83 vs PMM: 4.81

Putnam Managed Municipalome Trust's Dividends per Share for the six months ended in Oct. 2023 was $0.14.

During the past 12 months, Putnam Managed Municipalome Trust's average Dividends Per Share Growth Rate was -7.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -5.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.60% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Putnam Managed Municipalome Trust was 1.50% per year. The lowest was -5.20% per year. And the median was -1.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Putnam Managed Municipalome Trust's Forward Dividend Yield %

For the Asset Management subindustry, Putnam Managed Municipalome Trust's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Putnam Managed Municipalome Trust's Forward Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Putnam Managed Municipalome Trust's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Putnam Managed Municipalome Trust's Forward Dividend Yield % falls into.



Putnam Managed Municipalome Trust Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Putnam Managed Municipalome Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0240002024-04-232024-04-242024-05-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0240002024-03-212024-03-222024-04-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0240002024-02-222024-02-232024-03-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0240002024-01-232024-01-242024-02-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0240002023-12-212023-12-222024-01-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.0240002023-11-222023-11-242023-12-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0240002023-10-232023-10-242023-11-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0240002023-09-212023-09-222023-10-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.0240002023-08-232023-08-242023-09-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0240002023-07-212023-07-242023-08-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0240002023-06-222023-06-232023-07-03Cash DividendmonthlyUSD:USD 1.000000
USD 0.0240002023-05-232023-05-242023-06-01Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Putnam Managed Municipalome Trust's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.288/5.93
=4.86 %

Current Share Price is $5.93.
Putnam Managed Municipalome Trust's Dividends per Share for the forward twelve months is calculated as $0.024 * 12 = $0.288.

Putnam Managed Municipalome Trust's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.288/5.93
=4.86 %

Current Share Price is $5.93.
Putnam Managed Municipalome Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.288.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Putnam Managed Municipalome Trust  (NYSE:PMM) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Putnam Managed Municipalome Trust Forward Dividend Yield % Related Terms

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Putnam Managed Municipalome Trust (Putnam Managed Municipalome Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Federal Street, Boston, MA, USA, 02110
Putnam Managed Municipal Income Trust is a closed-end management investment company. Its investment objective is to seek a high level of current income exempt from federal income tax by investing in a diversified portfolio of tax-exempt municipal securities. The Fund invests in various sectors such as healthcare, retirement community, private higher education, housing-backed, essential service utilities, and state-backed bonds.
Executives
Stephen R Denny officer: Head HR- Diversity & Inclusion, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Aaron M Cooper officer: Dir. Global Equity Research, other: Putnam Investments 100 FEDERAL STREET, BOSTON MA 02110
Manoj P Singh director PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Carlo Forcione officer: Head of Product and Strategy, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Catherine Saunders officer: Head,Corporate Sustainability, other: and Public Policy - Putnam Inv PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Mona Sutphen director 777 HIDDEN RIDGE, IRVING TX 75038
Marie Pillai director C/O PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Jacquelyn S Vanderbrug officer: Headof Sustainability Strategy, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Jennifer Murphy director LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Brendan T Murray officer: Head of Global Inv. Strategies, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Alan Mccormack officer: Vice President and, other: Derivatives Risk Manager PUTNAM INVESTMENTS, 16 ST. JAMES'S STREET, LONDON X0 SW1A 1ER
Martin Lemaire officer: Vice President and, other: Derivatives Risk Manager PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Steven P Mckay officer: Head of Global DCIO, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Kaitlin May officer: Head of Global Institutional, other: Management /Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Stephen J Tate officer: General Counsel, other: Chief Legal Officer/Putnam Inv PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110