Putnam BDC Income ETF (PBDC) Dividend
Putnam BDC Income ETF (PBDC) currently pays a dividend yield of 11.16%, distributing $2.86 per share annually ($0.73 per quarter). The company operates in the Financial Services sector.
PBDC has raised its dividend for 2 consecutive years.
PBDC dividend at a glance
| Dividend Yield | 11.16% |
|---|---|
| Annual Dividend | $2.86 per share |
| Per Payment | $0.73 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | January 6, 2027 |
| Next Payment Date | January 8, 2027 |
| Consecutive Years of Dividend Growth | 2 |
| Sector | Financial Services |
| Implied Share Price (from yield) | $25.61 |
What PBDC pays on a $10,000 investment
At a 11.16% yield, $10,000 invested in PBDC generates about $1,116.00 per year, or roughly $279.00 every quarter. Share counts below use an implied price of $25.61, derived from the $2.86 annual dividend and the 11.16% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 39 | $111.60 | $27.90 |
| $5,000 | 195.2 | $558.00 | $139.50 |
| $10,000 | 390.5 | $1,116.00 | $279.00 |
| $25,000 | 976.2 | $2,790.00 | $697.50 |
| $100,000 | 3,904.8 | $11,160.00 | $2,790.00 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
PBDC dividend payment schedule
PBDC pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is January 6, 2027, with payment on January 8, 2027. Later rows are projected forward at the same interval and will shift when Putnam BDC Income ETF declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| January 6, 2027 | January 8, 2027 | $0.73 | Confirmed |
| April 6, 2027 | April 8, 2027 | $0.73 | Projected |
| July 6, 2027 | July 8, 2027 | $0.73 | Projected |
| October 6, 2027 | October 8, 2027 | $0.73 | Projected |
To collect a PBDC dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How PBDC's dividend compares
Across the 1000 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.57%. PBDC's 11.16% is 7.59 percentage points above that median, ranking 232nd of 1000 by yield.
Within Financial Services, where we track 157 names, the median yield is 9.52% — putting PBDC above its sector. A yield well above the sector norm is worth a second look: it can signal a depressed share price rather than a generous payout.
Its 2-year run of dividend increases ranks 420th out of the 553 names in our data with an active growth streak.
What the numbers mean
Like most US dividend payers, PBDC distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
PBDC dividend FAQ
When is the next PBDC ex-dividend date?
The next PBDC ex-dividend date is January 6, 2027, with the payment scheduled for January 8, 2027. You must own shares before the ex-dividend date to receive that payment.
What is PBDC's dividend yield?
PBDC currently yields 11.16%, based on $2.86 in dividends per share over the past year.
How often does PBDC pay dividends?
PBDC pays quarterly, which works out to 4 payments per year of about $0.73 per share.
How much dividend income would $10,000 of PBDC generate?
At the current 11.16% yield, $10,000 invested in PBDC would produce roughly $1,116.00 per year, or about $279.00 per quarter, before taxes and assuming the dividend holds.
Has PBDC increased its dividend?
Yes — PBDC has raised its dividend for 2 consecutive years.
PBDC dividend history
DivTrkr holds 16 recorded PBDC dividend payments going back to 2022, with 2 consecutive complete years of increases. See the full PBDC dividend history — every payment, annual totals and growth by year.
Related dividend stocks
Other Financial Services dividend payers
- LFGY — YieldMax Crypto Industry & Tech Portfolio Option Income ETF dividend (46.03%)
- CEPI — REX Crypto Equity Premium Income ETF dividend (44.52%)
- BLOX — Nicholas Crypto Income ETF dividend (43.56%)
- CCIF — Carlyle Credit Income Fund dividend (37.31%)
- PYPY — Yieldmax PYPL Option Income Strategy ETF dividend (34.26%)
- PNNT — PennantPark Investment Corporation dividend (33.22%)
- OXSQ — Oxford Square Capital Corp. dividend (31.58%)
- HRZN — Horizon Technology Finance Corp dividend (27.00%)
Similar yields to PBDC
- IYRI — NEOS Real Estate High Income ET dividend (11.17%)
- BIZD — VanEck BDC Income ETF dividend (11.21%)
- ICAP — Infrastructure Capital Equity Income Fund ETF dividend (11.29%)
- JPC — Nuveen Preferred & Income Opportunities Fund dividend (11.30%)
- SCM — Stellus Capital Investment Corp dividend (11.02%)
- PFFA — Virtus InfraCap U.S. Preferred Stock ETF dividend (11.00%)
Track PBDC dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.