Putnam Managed Municipal Income Trust Stock Dividends
Putnam Managed Municipal Income Trust Stock Dividends Overview
PMM pays dividends monthly. Last paid amount was $0.0238 at Jun 03, 2024. As of today, dividend yield (TTM) is 4.89%.
Dividend Yield Range
AI Analysis of PMM
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 4.89% |
|---|---|
| Frequency | Monthly |
| 1Y Growth | -0.83% |
| Payout Ratio | 0 |
| Amount Per Share | $0.0238 |
| Next Ex-Dividend Date | Jun 24, 2024 |
| Next Payment Date | Jul 01, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from PMM the purchase should be done within the next 5 days.
Here's a simple guide on how to buy PMM stock.
PMM Dividend Payout History
To ensure a understanding of PMM's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 20, 2024 | Jun 24, 2024 | Jul 01, 2024 | $0.0238 | 0.385% |
| 2 | Apr 19, 2024 | May 23, 2024 | Jun 03, 2024 | $0.0238 | 0.392% |
| 3 | Apr 23, 2024 | Apr 23, 2024 | May 01, 2024 | $0.0238 | 0.405% |
| 4 | Mar 21, 2024 | Mar 21, 2024 | Apr 01, 2024 | $0.0238 | 0.397% |
| 5 | Jan 29, 2024 | Feb 22, 2024 | Mar 01, 2024 | $0.0238 | 0.389% |
| 6 | Nov 17, 2023 | Jan 23, 2024 | Feb 01, 2024 | $0.0238 | 0.380% |
| 7 | Nov 17, 2023 | Dec 21, 2023 | Jan 02, 2024 | $0.0238 | 0.392% |
| 8 | Oct 27, 2023 | Nov 22, 2023 | Dec 01, 2023 | $0.0240 | 0.410% |
| 9 | Sep 29, 2023 | Oct 23, 2023 | Nov 01, 2023 | $0.0240 | 0.462% |
| 10 | Aug 01, 2023 | Sep 21, 2023 | Oct 02, 2023 | $0.0240 | 0.449% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
PMM Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from PMM dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in PMM stock here.
Comparing PMM to Sector and Country
PMM pays a solid dividend yield of 4.89%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.95%). PMM’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (10.86%), which means that there are more attractive dividend stocks to consider.
PMM Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Eagle Point Credit Company Inc | 862.402M | $0.160 | 16.00% | 56.56% | |
| Putnam Managed Municipal Income Trust | 287.873M | $0.0238 | 4.89% | 171.80% |
