PGIM Short Duration Multi-Sector Bond ETF (BATS:PSDM) to Issue Dividend Increase – $0.23 Per Share

Posted by Jeff Wilder on Jun 29th, 2024

PGIM Short Duration Multi-Sector Bond ETF (BATS:PSDM – Get Free Report) announced a dividend on Friday, June 28th, NASDAQ reports. Investors of record on Monday, July 1st will be given a dividend of 0.2306 per share on Monday, July 8th. The ex-dividend date is Monday, July 1st. This is a boost from PGIM Short Duration Multi-Sector Bond ETF’s previous dividend of $0.23.

PGIM Short Duration Multi-Sector Bond ETF Stock Performance

PSDM traded down $0.02 during trading on Friday, hitting $50.52. The company’s stock had a trading volume of 128 shares. The business’s fifty day simple moving average is $50.42 and its two-hundred day simple moving average is $50.57.

PGIM Short Duration Multi-Sector Bond ETF Company Profile

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The PGIM Short Duration Multi-Sector Bond ETF (PSDM) is an exchange-traded fund that mostly invests in broad credit fixed income. PDSM is an actively managed fund that holds a broad range of fixed income instruments with any credit rating, duration, and maturity, while targeting a weighted average maturity of less than or equal to five years.