PMM Dividend History & Yield
Franklin Managed Municipal Income Trust · NYSE
Stock
Financial Services
Monthly payer
$6.09
-0.41% today
as of Sep 9, 2026
TTM yield
5.61%
$0.342/share over the last 12 months
Forward yield
5.61%
$0.342/share indicated annual rate
Annual dividend
$0.342
per share, forward
Per payment
$0.0285
per share, every month
Frequency
Monthly
12 payments a year
Next ex-dividend date
Sep 23, 2026 Declared
in 14 days
Next pay date
Oct 7, 2026
in 28 days
Last ex-dividend date
Aug 24, 2026
$0.033 per share
Payout ratio
58%
of earnings
Market cap
261.1M
P/E 11.1
5y dividend CAGR
-2.3%
annualised, regular payments
Growth streak
1 yr
consecutive annual raises
Years paying
37.4
since Apr 14, 1989
1y total return
+9.8%
price +4.0% + dividends 5.8%
Upcoming dividend payments
| Ex-date | Pay date | Per share | Per 100 shares | Status |
|---|---|---|---|---|
| Wed, Sep 23, 2026 (in 14 days) | Oct 7, 2026 | $0.0285 | $2.85 | Declared |
| Sat, Oct 24, 2026 (in 45 days) | Nov 7, 2026 | $0.0285 | $2.85 | Estimated |
| Tue, Nov 24, 2026 (in 76 days) | Dec 8, 2026 | $0.0285 | $2.85 | Estimated |
| Fri, Dec 25, 2026 (in 107 days) | Jan 8, 2027 | $0.0285 | $2.85 | Estimated |
| Mon, Jan 25, 2027 (in 138 days) | Feb 8, 2027 | $0.0285 | $2.85 | Estimated |
| Thu, Feb 25, 2027 (in 169 days) | Mar 11, 2027 | $0.0285 | $2.85 | Estimated |
| Sun, Mar 28, 2027 (in 200 days) | Apr 11, 2027 | $0.0285 | $2.85 | Estimated |
| Wed, Apr 28, 2027 (in 231 days) | May 12, 2027 | $0.0285 | $2.85 | Estimated |
| Sat, May 29, 2027 (in 262 days) | Jun 12, 2027 | $0.0285 | $2.85 | Estimated |
| Tue, Jun 29, 2027 (in 293 days) | Jul 13, 2027 | $0.0285 | $2.85 | Estimated |
| Fri, Jul 30, 2027 (in 324 days) | Aug 13, 2027 | $0.0285 | $2.85 | Estimated |
| Mon, Aug 30, 2027 (in 355 days) | Sep 13, 2027 | $0.0285 | $2.85 | Estimated |
Estimated dates and amounts are projected from PMM's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $0.342 per share.
Dividend payment history
Last 40 payments per share. RegularSpecial
Annual dividends per share
How much PMM do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 3,509 | $21,386 | $1,200 |
| $500 / month | 17,544 | $106,930 | $6,000 |
| $1,000 / month | 35,088 | $213,860 | $12,000 |
Based on the forward yield of 5.61%. $10,000 in PMM would currently pay about $561 a year ($47 a month on average). Model reinvestment and growth →
PMM dividend history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Aug 24, 2026 | — | $0.033 | +0.0% |
| Jul 24, 2026 | — | $0.033 | +0.0% |
| Jun 23, 2026 | — | $0.033 | +22.2% |
| May 21, 2026 | — | $0.027 | +0.0% |
| Apr 23, 2026 | — | $0.027 | +0.0% |
| Mar 24, 2026 | — | $0.027 | +0.0% |
| Feb 20, 2026 | — | $0.027 | +0.0% |
| Jan 23, 2026 | — | $0.027 | +0.0% |
| Dec 15, 2025 | — | $0.027 | +0.0% |
| Nov 17, 2025 | — | $0.027 | +0.0% |
| Oct 17, 2025 | — | $0.027 | +0.0% |
| Sep 18, 2025 | — | $0.027 | +0.0% |
| Aug 18, 2025 | — | $0.027 | +0.0% |
| Jul 18, 2025 | — | $0.027 | +0.0% |
| Jun 16, 2025 | — | $0.027 | +0.0% |
| May 19, 2025 | — | $0.027 | +12.5% |
| Apr 17, 2025 | — | $0.024 | +0.0% |
| Mar 17, 2025 | — | $0.024 | +0.0% |
| Feb 24, 2025 | — | $0.024 | +0.0% |
| Jan 24, 2025 | — | $0.024 | +0.0% |
| Dec 23, 2024 | — | $0.024 | +0.0% |
| Nov 22, 2024 | — | $0.024 | +0.0% |
| Oct 24, 2024 | — | $0.024 | +0.0% |
| Sep 24, 2024 | — | $0.024 | +0.0% |
| Aug 23, 2024 | — | $0.024 | +0.0% |
| Jul 24, 2024 | — | $0.024 | +0.0% |
| Jun 24, 2024 | — | $0.024 | +0.0% |
| May 23, 2024 | — | $0.024 | +0.0% |
| Apr 23, 2024 | — | $0.024 | +0.0% |
| Mar 21, 2024 | — | $0.024 | +0.0% |
| Feb 22, 2024 | — | $0.024 | +0.0% |
| Jan 23, 2024 | — | $0.024 | +0.0% |
| Dec 21, 2023 | — | $0.024 | +0.0% |
| Nov 22, 2023 | — | $0.024 | +0.0% |
| Oct 23, 2023 | — | $0.024 | +0.0% |
| Sep 21, 2023 | — | $0.024 | +0.0% |
| Aug 23, 2023 | — | $0.024 | +0.0% |
| Jul 21, 2023 | — | $0.024 | +0.0% |
| Jun 22, 2023 | — | $0.024 | +0.0% |
| May 23, 2023 | — | $0.024 | +0.0% |
| Apr 21, 2023 | — | $0.024 | -25.0% |
| Mar 23, 2023 | — | $0.032 | +0.0% |
| Feb 22, 2023 | — | $0.032 | +0.0% |
| Jan 23, 2023 | — | $0.032 | +0.0% |
| Dec 22, 2022 | — | $0.032 | +0.0% |
| Nov 22, 2022 | — | $0.032 | +0.0% |
| Oct 21, 2022 | — | $0.032 | +0.0% |
| Sep 22, 2022 | — | $0.032 | +0.0% |
| Aug 23, 2022 | — | $0.032 | +0.0% |
| Jul 21, 2022 | — | $0.032 | +0.0% |
| Jun 23, 2022 | — | $0.032 | +0.0% |
| May 23, 2022 | — | $0.032 | +0.0% |
| Apr 21, 2022 | — | $0.032 | +0.0% |
| Mar 23, 2022 | — | $0.032 | +0.0% |
| Feb 22, 2022 | — | $0.032 | +0.0% |
| Jan 21, 2022 | — | $0.032 | +0.0% |
| Dec 22, 2021 | — | $0.032 | +0.0% |
| Nov 22, 2021 | — | $0.032 | +0.0% |
| Oct 21, 2021 | — | $0.032 | +0.0% |
| Sep 23, 2021 | — | $0.032 | +0.0% |
| Aug 23, 2021 | — | $0.032 | +0.0% |
| Jul 22, 2021 | — | $0.032 | +0.0% |
| Jun 23, 2021 | — | $0.032 | +0.0% |
| May 21, 2021 | — | $0.032 | +0.0% |
| Apr 22, 2021 | — | $0.032 | +0.0% |
| Mar 23, 2021 | — | $0.032 | +0.0% |
| Feb 22, 2021 | — | $0.032 | +0.0% |
| Jan 21, 2021 | — | $0.032 | +0.0% |
| Dec 22, 2020 | — | $0.032 | +0.0% |
| Nov 23, 2020 | — | $0.032 | +0.0% |
| Oct 22, 2020 | — | $0.032 | +0.0% |
| Sep 23, 2020 | — | $0.032 | +0.0% |
| Aug 21, 2020 | — | $0.032 | +0.0% |
| Jul 23, 2020 | — | $0.032 | +0.0% |
| Jun 23, 2020 | — | $0.032 | +0.0% |
| May 21, 2020 | — | $0.032 | +0.0% |
| Apr 23, 2020 | — | $0.032 | +0.0% |
| Mar 23, 2020 | — | $0.032 | +0.0% |
| Feb 21, 2020 | — | $0.032 | +0.0% |
| Jan 23, 2020 | — | $0.032 | +0.0% |
| Dec 20, 2019 | — | $0.032 | +0.0% |
| Nov 21, 2019 | — | $0.032 | +0.0% |
| Oct 23, 2019 | — | $0.032 | +0.0% |
| Sep 23, 2019 | — | $0.032 | +0.0% |
| Aug 22, 2019 | — | $0.032 | +0.0% |
| Jul 23, 2019 | — | $0.032 | +0.0% |
| Jun 21, 2019 | — | $0.032 | +0.0% |
| May 23, 2019 | — | $0.032 | +0.0% |
| Apr 23, 2019 | — | $0.032 | +0.0% |
| Mar 21, 2019 | — | $0.032 | +0.0% |
| Feb 21, 2019 | — | $0.032 | +0.0% |
| Jan 23, 2019 | — | $0.032 | +0.0% |
| Dec 20, 2018 | — | $0.032 | +10.3% |
| Nov 26, 2018 | — | $0.029 | +0.0% |
| Nov 21, 2018 | — | $0.029 | +0.0% |
| Oct 23, 2018 | — | $0.029 | +0.0% |
| Sep 21, 2018 | — | $0.029 | +0.0% |
| Aug 23, 2018 | — | $0.029 | +0.0% |
| Jul 23, 2018 | — | $0.029 | +0.0% |
| Jun 21, 2018 | — | $0.029 | -9.4% |
| May 23, 2018 | — | $0.032 | +0.0% |
| Apr 23, 2018 | — | $0.032 | +0.0% |
| Mar 22, 2018 | — | $0.032 | +0.0% |
| Feb 22, 2018 | — | $0.032 | +0.0% |
| Jan 23, 2018 | — | $0.032 | +0.0% |
| Dec 21, 2017 | — | $0.032 | +0.0% |
| Nov 22, 2017 | — | $0.032 | +0.0% |
| Oct 23, 2017 | — | $0.032 | -5.9% |
| Sep 21, 2017 | — | $0.034 | +0.0% |
| Aug 22, 2017 | — | $0.034 | +0.0% |
| Jul 20, 2017 | — | $0.034 | +0.0% |
| Jun 21, 2017 | — | $0.034 | +0.0% |
| May 22, 2017 | — | $0.034 | +0.0% |
| Apr 20, 2017 | — | $0.034 | +0.0% |
| Mar 22, 2017 | — | $0.034 | +0.0% |
| Feb 21, 2017 | — | $0.034 | +0.0% |
| Jan 20, 2017 | — | $0.034 | +0.0% |
| Dec 21, 2016 | — | $0.034 | +0.0% |
| Nov 21, 2016 | — | $0.034 | -5.6% |
| Oct 20, 2016 | — | $0.036 | +0.0% |
| Sep 21, 2016 | — | $0.036 | +0.0% |
| Aug 22, 2016 | — | $0.036 | +0.0% |
| Jul 20, 2016 | — | $0.036 | +0.0% |
| Jun 22, 2016 | — | $0.036 | +0.0% |
| May 20, 2016 | — | $0.036 | +0.0% |
| Apr 20, 2016 | — | $0.036 | +0.0% |
| Mar 22, 2016 | — | $0.036 | +0.0% |
| Feb 22, 2016 | — | $0.036 | +0.0% |
| Jan 20, 2016 | — | $0.036 | +0.0% |
| Dec 22, 2015 | — | $0.036 | +0.0% |
| Nov 20, 2015 | — | $0.036 | +0.0% |
| Oct 21, 2015 | — | $0.036 | +0.0% |
| Sep 22, 2015 | — | $0.036 | +0.0% |
| Aug 20, 2015 | — | $0.036 | +0.0% |
| Jul 22, 2015 | — | $0.036 | +0.0% |
| Jun 22, 2015 | — | $0.036 | +0.0% |
| May 20, 2015 | — | $0.036 | +0.0% |
| Apr 22, 2015 | — | $0.036 | +0.0% |
| Mar 20, 2015 | — | $0.036 | +0.0% |
| Feb 20, 2015 | — | $0.036 | +0.0% |
| Jan 21, 2015 | — | $0.036 | +0.0% |
| Dec 19, 2014 | — | $0.036 | +0.0% |
| Nov 20, 2014 | — | $0.036 | +0.0% |
| Oct 22, 2014 | — | $0.036 | +0.0% |
| Sep 22, 2014 | — | $0.036 | +0.0% |
| Aug 20, 2014 | — | $0.036 | +0.0% |
| Jul 22, 2014 | — | $0.036 | -7.7% |
| Jun 20, 2014 | — | $0.039 | +0.0% |
| May 21, 2014 | — | $0.039 | +0.0% |
| Apr 22, 2014 | — | $0.039 | +0.0% |
| Mar 20, 2014 | — | $0.039 | +0.0% |
| Feb 20, 2014 | — | $0.039 | +0.0% |
| Jan 22, 2014 | — | $0.039 | +0.0% |
| Dec 19, 2013 | — | $0.039 | +0.0% |
| Nov 20, 2013 | — | $0.039 | +0.0% |
| Oct 22, 2013 | — | $0.039 | +0.0% |
| Sep 20, 2013 | — | $0.039 | +0.0% |
| Aug 21, 2013 | — | $0.039 | +0.0% |
| Jul 22, 2013 | — | $0.039 | +0.0% |
| Jun 20, 2013 | — | $0.039 | +0.0% |
| May 22, 2013 | — | $0.039 | +0.0% |
| Apr 22, 2013 | — | $0.039 | +0.0% |
| Mar 20, 2013 | — | $0.039 | +0.0% |
| Feb 20, 2013 | — | $0.039 | +0.0% |
| Jan 22, 2013 | — | $0.039 | +0.0% |
| Dec 20, 2012 | — | $0.039 | +0.0% |
| Nov 20, 2012 | — | $0.039 | +0.0% |
| Oct 22, 2012 | — | $0.039 | +0.0% |
| Sep 20, 2012 | — | $0.039 | +0.0% |
| Aug 22, 2012 | — | $0.039 | +0.0% |
| Jul 20, 2012 | — | $0.039 | +0.0% |
| Jun 20, 2012 | — | $0.039 | +0.0% |
| May 22, 2012 | — | $0.039 | +0.0% |
| Apr 20, 2012 | — | $0.039 | +0.0% |
| Mar 21, 2012 | — | $0.039 | +0.0% |
| Feb 21, 2012 | — | $0.039 | +0.0% |
| Jan 20, 2012 | — | $0.039 | +0.0% |
| Dec 21, 2011 | — | $0.039 | -11.4% |
| Nov 21, 2011 | — | $0.044 | +0.0% |
| Oct 20, 2011 | — | $0.044 | +0.0% |
| Sep 21, 2011 | — | $0.044 | +0.0% |
| Aug 22, 2011 | — | $0.044 | +0.0% |
| Jul 20, 2011 | — | $0.044 | +0.0% |
| Jun 22, 2011 | — | $0.044 | +0.0% |
| May 20, 2011 | — | $0.044 | +0.0% |
| Apr 20, 2011 | — | $0.044 | +0.0% |
| Mar 22, 2011 | — | $0.044 | +0.0% |
| Feb 17, 2011 | — | $0.044 | +0.0% |
| Jan 20, 2011 | — | $0.044 | +0.0% |
| Dec 21, 2010 | — | $0.044 | +0.0% |
| Nov 19, 2010 | — | $0.044 | +0.0% |
| Oct 20, 2010 | — | $0.044 | +0.0% |
| Sep 22, 2010 | — | $0.044 | +0.0% |
| Sep 20, 2010 | — | $0.044 | +0.0% |
| Aug 20, 2010 | — | $0.044 | +0.0% |
| Jul 21, 2010 | — | $0.044 | +0.0% |
| Jun 22, 2010 | — | $0.044 | +0.0% |
| May 20, 2010 | — | $0.044 | +0.0% |
| Apr 21, 2010 | — | $0.044 | +0.0% |
| Mar 22, 2010 | — | $0.044 | +0.0% |
| Feb 18, 2010 | — | $0.044 | +10.0% |
| Jan 20, 2010 | — | $0.04 | +0.0% |
| Dec 22, 2009 | — | $0.04 | +0.0% |
| Nov 19, 2009 | — | $0.04 | +0.0% |
| Oct 21, 2009 | — | $0.04 | +0.0% |
| Sep 22, 2009 | — | $0.04 | +0.0% |
| Aug 20, 2009 | — | $0.04 | +0.0% |
| Jul 22, 2009 | — | $0.04 | +0.0% |
| Jun 22, 2009 | — | $0.04 | +5.3% |
| May 20, 2009 | — | $0.038 | +0.0% |
| Apr 22, 2009 | — | $0.038 | +0.0% |
| Mar 20, 2009 | — | $0.038 | +0.0% |
| Feb 20, 2009 | — | $0.038 | +8.6% |
| Jan 21, 2009 | — | $0.035 | +0.0% |
| Dec 19, 2008 | — | $0.035 | +0.0% |
| Nov 20, 2008 | — | $0.035 | +0.0% |
| Oct 22, 2008 | — | $0.035 | +0.0% |
| Sep 22, 2008 | — | $0.035 | +0.0% |
| Aug 20, 2008 | — | $0.035 | +0.0% |
| Jul 22, 2008 | — | $0.035 | +0.0% |
| Jun 20, 2008 | — | $0.035 | +0.0% |
| May 21, 2008 | — | $0.035 | +2.9% |
| Apr 22, 2008 | — | $0.034 | +0.0% |
| Mar 19, 2008 | — | $0.034 | +0.0% |
| Feb 11, 2008 | — | $0.034 | +0.0% |
| Jan 22, 2008 | — | $0.034 | +0.0% |
| Dec 19, 2007 | — | $0.034 | +0.0% |
| Nov 20, 2007 | — | $0.034 | +0.0% |
| Oct 22, 2007 | — | $0.034 | +0.0% |
| Sep 20, 2007 | — | $0.034 | +0.0% |
| Aug 22, 2007 | — | $0.034 | +0.0% |
| Jul 20, 2007 | — | $0.034 | +0.0% |
| Jun 20, 2007 | — | $0.034 | +0.0% |
| May 22, 2007 | — | $0.034 | +0.0% |
| Apr 20, 2007 | — | $0.034 | +0.0% |
| Mar 21, 2007 | — | $0.034 | +0.0% |
| Feb 16, 2007 | — | $0.034 | +0.0% |
| Jan 22, 2007 | — | $0.034 | +0.0% |
| Dec 20, 2006 | — | $0.034 | +0.0% |
| Nov 21, 2006 | — | $0.034 | +0.0% |
| Oct 20, 2006 | — | $0.034 | +0.0% |
| Sep 20, 2006 | — | $0.034 | +0.0% |
| Aug 21, 2006 | — | $0.034 | +0.0% |
| Jul 20, 2006 | — | $0.034 | +0.0% |
| Jun 21, 2006 | — | $0.034 | +0.0% |
| May 22, 2006 | — | $0.034 | +0.0% |
| Apr 20, 2006 | — | $0.034 | +0.0% |
| Mar 22, 2006 | — | $0.034 | +0.0% |
| Feb 16, 2006 | — | $0.034 | +0.0% |
| Jan 20, 2006 | — | $0.034 | -2.9% |
| Dec 20, 2005 | — | $0.035 | +2.9% |
| Nov 21, 2005 | — | $0.034 | +0.0% |
| Oct 20, 2005 | — | $0.034 | +0.0% |
| Sep 21, 2005 | — | $0.034 | +0.0% |
| Jul 20, 2005 | — | $0.034 | +0.0% |
| Jun 22, 2005 | — | $0.034 | -10.5% |
| May 20, 2005 | — | $0.038 | +0.0% |
| Apr 20, 2005 | — | $0.038 | +0.0% |
| Mar 22, 2005 | — | $0.038 | +0.0% |
| Feb 18, 2005 | — | $0.038 | +0.0% |
| Jan 20, 2005 | — | $0.038 | -9.5% |
| Dec 21, 2004 | — | $0.042 | +0.0% |
| Nov 22, 2004 | — | $0.042 | +0.0% |
| Oct 20, 2004 | — | $0.042 | +0.0% |
| Sep 22, 2004 | — | $0.042 | +0.0% |
| Aug 20, 2004 | — | $0.042 | +0.0% |
| Jul 21, 2004 | — | $0.042 | +0.0% |
| Jun 22, 2004 | — | $0.042 | +0.0% |
| May 20, 2004 | — | $0.042 | +0.0% |
| Apr 21, 2004 | — | $0.042 | +0.0% |
| Mar 22, 2004 | — | $0.042 | +0.0% |
| Feb 20, 2004 | — | $0.042 | +0.0% |
| Jan 21, 2004 | — | $0.042 | +0.0% |
| Dec 22, 2003 | — | $0.042 | +0.0% |
| Nov 20, 2003 | — | $0.042 | -12.5% |
| Oct 22, 2003 | — | $0.048 | +0.0% |
| Sep 22, 2003 | — | $0.048 | +0.0% |
| Aug 20, 2003 | — | $0.048 | +0.0% |
| Jul 22, 2003 | — | $0.048 | +0.0% |
| Jun 20, 2003 | — | $0.048 | +0.0% |
| May 21, 2003 | — | $0.048 | +0.0% |
| Apr 22, 2003 | — | $0.048 | +0.0% |
| Mar 20, 2003 | — | $0.048 | +0.0% |
| Feb 20, 2003 | — | $0.048 | +0.0% |
| Jan 16, 2003 | — | $0.048 | +0.0% |
| Dec 18, 2002 | — | $0.048 | +0.0% |
| Nov 18, 2002 | — | $0.048 | +0.0% |
| Oct 17, 2002 | — | $0.048 | +0.0% |
| Sep 18, 2002 | — | $0.048 | +0.0% |
| Aug 16, 2002 | — | $0.048 | +0.0% |
| Jul 18, 2002 | — | $0.048 | +0.0% |
| Jun 18, 2002 | — | $0.048 | +0.0% |
| May 16, 2002 | — | $0.048 | +0.0% |
| Apr 18, 2002 | — | $0.048 | +0.0% |
| Mar 20, 2002 | — | $0.048 | +0.0% |
| Feb 15, 2002 | — | $0.048 | +0.0% |
| Jan 17, 2002 | — | $0.048 | +0.0% |
| Dec 18, 2001 | — | $0.048 | +0.0% |
| Nov 16, 2001 | — | $0.048 | +0.0% |
| Oct 18, 2001 | — | $0.048 | +0.0% |
| Sep 18, 2001 | — | $0.048 | +0.0% |
| Aug 16, 2001 | — | $0.048 | +0.0% |
| Jul 18, 2001 | — | $0.048 | +0.0% |
| Jun 18, 2001 | — | $0.048 | +0.0% |
| May 17, 2001 | — | $0.048 | +0.0% |
| Apr 18, 2001 | — | $0.048 | +0.0% |
| Mar 16, 2001 | — | $0.048 | +0.0% |
| Feb 15, 2001 | — | $0.048 | +0.0% |
| Jan 18, 2001 | — | $0.048 | +0.0% |
| Dec 18, 2000 | — | $0.048 | -25.0% |
| Nov 16, 2000 | — | $0.064 | +0.0% |
| Oct 18, 2000 | — | $0.064 | +0.0% |
| Sep 18, 2000 | — | $0.064 | +0.0% |
| Aug 17, 2000 | — | $0.064 | +0.0% |
| Jul 18, 2000 | — | $0.064 | +0.0% |
| Jun 16, 2000 | — | $0.064 | +0.0% |
| May 18, 2000 | — | $0.064 | +0.0% |
| Apr 18, 2000 | — | $0.064 | +0.0% |
| Mar 16, 2000 | — | $0.064 | +0.0% |
| Feb 17, 2000 | — | $0.064 | +0.0% |
| Jan 18, 2000 | — | $0.064 | +0.0% |
| Dec 16, 1999 | — | $0.064 | +0.0% |
| Nov 18, 1999 | — | $0.064 | +0.0% |
| Oct 18, 1999 | — | $0.064 | +1.6% |
| Sep 16, 1999 | — | $0.063 | +0.0% |
| Aug 18, 1999 | — | $0.063 | +0.0% |
| Jul 16, 1999 | — | $0.063 | -1.6% |
| Jun 17, 1999 | — | $0.064 | +1.6% |
| May 18, 1999 | — | $0.063 | +0.0% |
| Apr 16, 1999 | — | $0.063 | +0.0% |
| Mar 18, 1999 | — | $0.063 | +0.0% |
| Feb 18, 1999 | — | $0.063 | +0.0% |
| Jan 15, 1999 | — | $0.063 | +0.0% |
| Dec 17, 1998 | — | $0.063 | +0.0% |
| Nov 18, 1998 | — | $0.063 | +0.0% |
| Oct 16, 1998 | — | $0.063 | +0.0% |
| Sep 17, 1998 | — | $0.063 | +0.0% |
| Aug 18, 1998 | — | $0.063 | +0.0% |
| Jul 16, 1998 | — | $0.063 | +0.0% |
| Jun 18, 1998 | — | $0.063 | +0.0% |
| May 18, 1998 | — | $0.063 | +0.0% |
| Apr 16, 1998 | — | $0.063 | +0.0% |
| Mar 18, 1998 | — | $0.063 | +0.0% |
| Feb 18, 1998 | — | $0.063 | +0.0% |
| Jan 15, 1998 | — | $0.063 | +0.0% |
| Dec 18, 1997 | — | $0.063 | +0.0% |
| Nov 18, 1997 | — | $0.063 | +0.0% |
| Oct 16, 1997 | — | $0.063 | +0.0% |
| Sep 18, 1997 | — | $0.063 | +0.0% |
| Aug 18, 1997 | — | $0.063 | +0.0% |
| Jul 17, 1997 | — | $0.063 | +0.0% |
| Jun 18, 1997 | — | $0.063 | +0.0% |
| May 16, 1997 | — | $0.063 | +0.0% |
| Apr 17, 1997 | — | $0.063 | +0.0% |
| Mar 18, 1997 | — | $0.063 | +0.0% |
| Feb 18, 1997 | — | $0.063 | +0.0% |
| Jan 15, 1997 | — | $0.063 | +0.0% |
| Dec 18, 1996 | — | $0.063 | +0.0% |
| Nov 18, 1996 | — | $0.063 | -1.6% |
| Oct 17, 1996 | — | $0.064 | +1.6% |
| Sep 18, 1996 | — | $0.063 | +0.0% |
| Aug 16, 1996 | — | $0.063 | +0.0% |
| Jul 18, 1996 | — | $0.063 | +0.0% |
| Jun 18, 1996 | — | $0.063 | +0.0% |
| May 16, 1996 | — | $0.063 | +0.0% |
| Apr 18, 1996 | — | $0.063 | +0.0% |
| Mar 18, 1996 | — | $0.063 | +0.0% |
| Feb 15, 1996 | — | $0.063 | +0.0% |
| Jan 18, 1996 | — | $0.063 | +0.0% |
| Dec 18, 1995 | — | $0.063 | +0.0% |
| Nov 16, 1995 | — | $0.063 | +0.0% |
| Oct 18, 1995 | — | $0.063 | +0.0% |
| Sep 18, 1995 | — | $0.063 | +0.0% |
| Aug 17, 1995 | — | $0.063 | -1.6% |
| Jul 19, 1995 | — | $0.064 | +1.6% |
| Jun 16, 1995 | — | $0.063 | +0.0% |
| May 16, 1995 | — | $0.063 | +0.0% |
| Apr 13, 1995 | — | $0.063 | +0.0% |
| Mar 14, 1995 | — | $0.063 | +0.0% |
| Feb 14, 1995 | — | $0.063 | +0.0% |
| Jan 13, 1995 | — | $0.063 | +0.0% |
| Dec 14, 1994 | — | $0.063 | +0.0% |
| Nov 15, 1994 | — | $0.063 | +0.0% |
| Oct 14, 1994 | — | $0.063 | +0.0% |
| Sep 14, 1994 | — | $0.063 | +0.0% |
| Aug 16, 1994 | — | $0.063 | +0.0% |
| Jul 14, 1994 | — | $0.063 | +0.0% |
| Jun 14, 1994 | — | $0.063 | +0.0% |
| May 16, 1994 | — | $0.063 | +0.0% |
| Apr 14, 1994 | — | $0.063 | +0.0% |
| Mar 15, 1994 | — | $0.063 | +0.0% |
| Feb 15, 1994 | — | $0.063 | +0.0% |
| Jan 13, 1994 | — | $0.063 | +0.0% |
| Dec 14, 1993 | — | $0.262 Special | — |
| Nov 16, 1993 | — | $0.063 | +0.0% |
| Oct 14, 1993 | — | $0.063 | +0.0% |
| Sep 14, 1993 | — | $0.063 | +0.0% |
| Aug 16, 1993 | — | $0.063 | +0.0% |
| Jul 14, 1993 | — | $0.063 | +0.0% |
| Jun 15, 1993 | — | $0.063 | +0.0% |
| May 14, 1993 | — | $0.063 | +0.0% |
| Apr 14, 1993 | — | $0.063 | +0.0% |
| Mar 16, 1993 | — | $0.063 | +0.0% |
| Feb 16, 1993 | — | $0.063 | +0.0% |
| Jan 13, 1993 | — | $0.063 | -55.6% |
| Dec 15, 1992 | — | $0.142 | +125.4% |
| Nov 16, 1992 | — | $0.063 | +0.0% |
| Oct 14, 1992 | — | $0.063 | +0.0% |
| Sep 15, 1992 | — | $0.063 | +0.0% |
| Aug 14, 1992 | — | $0.063 | +0.0% |
| Jul 14, 1992 | — | $0.063 | +0.0% |
| Jun 16, 1992 | — | $0.063 | +0.0% |
| May 14, 1992 | — | $0.063 | +0.0% |
| Apr 13, 1992 | — | $0.063 | +0.0% |
| Mar 16, 1992 | — | $0.063 | +0.0% |
| Feb 13, 1992 | — | $0.063 | +0.0% |
| Jan 14, 1992 | — | $0.063 | +0.0% |
| Dec 16, 1991 | — | $0.063 | +0.0% |
| Nov 14, 1991 | — | $0.063 | +0.0% |
| Oct 15, 1991 | — | $0.063 | +0.0% |
| Sep 16, 1991 | — | $0.063 | +0.0% |
| Aug 14, 1991 | — | $0.063 | +0.0% |
| Jul 16, 1991 | — | $0.063 | +0.0% |
| Jun 14, 1991 | — | $0.063 | +0.0% |
| May 14, 1991 | — | $0.063 | +0.0% |
| Apr 16, 1991 | — | $0.063 | +0.0% |
| Mar 14, 1991 | — | $0.063 | +0.0% |
| Feb 13, 1991 | — | $0.063 | +0.0% |
| Jan 14, 1991 | — | $0.063 | +0.0% |
| Dec 14, 1990 | — | $0.063 | +0.0% |
| Nov 14, 1990 | — | $0.063 | +0.0% |
| Oct 16, 1990 | — | $0.063 | +0.0% |
| Sep 14, 1990 | — | $0.063 | +0.0% |
| Aug 14, 1990 | — | $0.063 | +0.0% |
| Jul 16, 1990 | — | $0.063 | +0.0% |
| Jun 14, 1990 | — | $0.063 | +1.6% |
| May 15, 1990 | — | $0.062 | +0.0% |
| Apr 16, 1990 | — | $0.062 | +0.0% |
| Mar 14, 1990 | — | $0.062 | +0.0% |
| Feb 13, 1990 | — | $0.062 | +0.0% |
| Jan 16, 1990 | — | $0.062 | -28.7% |
| Dec 14, 1989 | — | $0.087 | +40.3% |
| Nov 14, 1989 | — | $0.062 | +0.0% |
| Oct 16, 1989 | — | $0.062 | +0.0% |
| Sep 14, 1989 | — | $0.062 | +0.0% |
| Aug 15, 1989 | — | $0.062 | +0.0% |
| Jul 17, 1989 | — | $0.062 | +106.7% |
| Apr 14, 1989 | — | $0.03 | — |
PMM dividend increases & cuts
Market-wide changes →| Ex-date | Change | Old | New | Status |
|---|---|---|---|---|
| Jun 23, 2026 | Raised 22.2% | $0.027 | $0.033 | Paid |
Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.
Payout risk check
Yield-trap heuristicLow risk
PMM scores 20/100 on our yield-trap heuristic (low risk).
1 warning flag raised:
- Payment was cut within the last 5 years
This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.
About Franklin Managed Municipal Income Trust
Putnam Managed Municipal Income Trust is a close-ended fixed income mutual fund launched and managed by Putnam Investment Management LLC. It is co-managed by Putnam Investments Limited. The fund invests in the fixed income markets of the United States. It primarily invests in a diversified portfolio of tax-exempt municipal securities, including high-yield securities that are rated below investment grade. The fund benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. Putnam Managed Municipal Income Trust was formed on February 24, 1989 and is domiciled in the United States.
Sector: Financial Services. Industry: Asset Management. First dividend on our records: Apr 14, 1989. 448 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.
PMM dividend FAQ
When is PMM's next ex-dividend date?
PMM's next ex-dividend date is Sep 23, 2026 (in 14 days, declared by the company). You must own the shares before that date to receive the payment of about $0.0285 per share, expected on Oct 7, 2026.
How often does PMM pay dividends?
PMM pays dividends every month, 12 times a year. The most recent payment was $0.033 per share with an ex-date of Aug 24, 2026.
What is PMM's dividend yield?
PMM's trailing 12-month dividend yield is 5.61%, based on $0.342 per share paid over the last year and a share price of $6.09. The forward yield, using the indicated annual rate of $0.342 per share, is 5.61%.
How much does PMM pay per share?
PMM pays about $0.0285 per share each month, which works out to roughly $0.342 per share a year. 100 shares would collect about $34.20 a year.
Has PMM grown or cut its dividend?
PMM has raised its annual dividend for 1 consecutive year. Over the last 5 years the regular payout has shrunk at 2.3% a year (+14.0% over the last year). PMM did cut a regular payment within the last 5 years.
How many shares of PMM do I need to earn $100 a month?
At the current forward yield of 5.61%, you would need about 3,509 shares of PMM (roughly $21,386 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every month, so the monthly figure is an average.
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