PGIM Short Duration Multi-Sector Bond ETF Announces Monthly Dividend of $0.1805

The PGIM Short Duration Multi-Sector Bond ETF (PSDM) has declared a monthly dividend of $0.1805 per share, representing an annualized forward yield of 4.32%. The dividend is payable on October 2 to shareholders of record as of September 30, with the ex-dividend date also set for September 30. This consistent payout reflects the ETF's strategy focused on short-duration fixed-income securities across multiple sectors. Investors can use this information alongside tools like Seeking Alpha’s Quant Rating and dividend scorecard to assess performance metrics such as yield history and growth trends.

By Jay Mehta, SA News Editor · Seeking Alpha ·

PGIM Short Duration Multi-Sector Bond ETF Announces Monthly Dividend of $0.1805

Topics: bond market dividend ETF

Read the full article at Seeking Alpha

More World news