PMM is Putnam Managed Municipal Income Trust (Financial Services). Trading at $6.12. Current dividend yield: 5.43%.
Dividend snapshot
| Annual dividend rate | $0.34 |
| Current yield | 5.43% |
| Payment frequency | Monthly |
| Next ex-dividend date | Sep 23, 2026(in 19 days) |
| Most recent payment date | Aug 31, 2026 |
| Last payment amount | $0.0330 |
| 5-year dividend CAGR | -4.36% |
| 3-year dividend CAGR | -7.17% |
| Payout ratio | 58% |
| Market cap | $263M |
| Exchange | NYQ |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-11-20 | $0.0330 |
| 2026-10-23 | $0.0330 |
| 2026-09-23 | $0.0330 |
| 2026-08-24 | $0.0330 |
| 2026-07-24 | $0.0330 |
| 2026-06-23 | $0.0330 |
| 2026-05-21 | $0.0265 |
| 2026-04-23 | $0.0265 |
About PMM
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.
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Frequently asked
What is PMM's dividend yield?
PMM (Putnam Managed Municipal Income Trust) currently has a dividend yield of 5.43%, which works out to about $0.34 in annual dividend payments per share.
When is PMM's next ex-dividend date?
PMM's next ex-dividend date is Sep 23, 2026 (in 19 days). To receive the upcoming dividend, you must own shares before this date.
When did PMM last pay a dividend?
PMM's most recent dividend payment date was Aug 31, 2026.
How often does PMM pay dividends?
PMM pays dividends on a monthly schedule.
How fast is PMM growing its dividend?
PMM has been shrinking its dividend at a -7.17% 3-year compound annual growth rate (CAGR). CAGR smooths year-to-year noise into a single average growth rate.
Track PMM in DiviDrip
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Data refreshed 2026-09-04. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.