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Putnam Managed Municipal Income Trust Announces $0.0238 Monthly Dividend
ByAinvest
Friday, Mar 7, 2025 8:18 am ET1min read
Putnam Managed Municipal Income Trust has declared a $0.0238/share monthly dividend, in line with previous payments. The dividend is payable on March 31 for shareholders of record on March 17, and the ex-dividend date is also March 17.
Putnam Managed Municipal Income Trust (NYSE: PMM) has announced the declaration of a monthly dividend of $0.0238 per share for March 2025 [1]. This dividend is in line with the company's historical trend, as it has maintained a consistent dividend payment of $0.0238 per share since January 2025 [2].The dividend is payable on March 31, 2025, to shareholders of record on March 17, 2025. The ex-dividend date is also March 17, 2025 [1]. This dividend declaration reflects Putnam Managed Municipal Income Trust's commitment to providing a stable source of income for its investors.
According to the company's dividend history, Putnam Managed Municipal Income Trust has a total dividend payout of $0.071 for 2025, and $0.024 for each of the previous quarters [2]. This dividend yield, combined with the company's stable dividend payment history, makes Putnam Managed Municipal Income Trust an attractive option for income-focused investors.
In conclusion, Putnam Managed Municipal Income Trust's declaration of a stable monthly dividend of $0.0238 per share for March 2025 is in line with the company's historical trend. This dividend payment, combined with the company's commitment to providing a stable source of income for its investors, makes Putnam Managed Municipal Income Trust an attractive option for income-focused investors.
References:
[1] DividendInvestor.com. (2025, February 10). Putnam Managed Municipal Income Trust (NYSE: PMM) Declared a Dividend of $0.0238 Per Share. Retrieved February 15, 2025, from https://www.dividendinvestor.com/dividend-news/20250210/putnam-managed-municipal-income-trust-nyse-pmm-declared-a-dividend-of-$0.0238-per-share/
[2] DividendInvestor.com. (n.d.). Putnam Managed Municipal Income Trust Dividend History. Retrieved February 15, 2025, from https://www.dividendinvestor.com/dividend-history-detail/pmm/
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