Putnam Premier Income Trust (NYSE:PPT – Get Free Report) declared a monthly dividend on Tuesday, August 6th, Wall Street Journal reports. Shareholders of record on Tuesday, September 24th will be given a dividend of 0.026 per share by the investment management company on Tuesday, October 1st. This represents a $0.31 dividend on an annualized basis and a yield of 8.36%. The ex-dividend date is Tuesday, September 24th.
Putnam Premier Income Trust has decreased its dividend by an average of 1.8% per year over the last three years.
Putnam Premier Income Trust Stock Performance
Shares of NYSE:PPT opened at $3.73 on Monday. Putnam Premier Income Trust has a 1-year low of $3.25 and a 1-year high of $3.74. The business has a fifty day moving average price of $3.66 and a 200-day moving average price of $3.56.
Putnam Premier Income Trust Company Profile
Putnam Premier Income Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in the public fixed income markets across the globe. The fund primarily invests in U.S. high-grade and high-yield bonds with an average credit quality of BBB by S&P Corporation.
See Also
- Five stocks we like better than Putnam Premier Income Trust
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- See Why Oracle’s Cloud Infrastructure Growth Demands Attention
- How to Invest in Small Cap Stocks
- Darden Restaurants Is on the Verge of a Significant Breakout
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Onsemi Could Be Set Up For a Solid Rebound: Here’s Why
Receive News & Ratings for Putnam Premier Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Putnam Premier Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.
