Putnam Premier Income Trust Plans Monthly Dividend of $0.03 (PPT)
Putnam Premier Income Trust (NYSE:PPT) declared a monthly dividend on Friday, April 21st. Stockholders of record on Wednesday, May 24th will be paid a dividend of 0.026 per share by the investment management company on Thursday, June 1st. This represents a $0.31 annualized dividend and a dividend yield of 6.00%. The ex-dividend date of this dividend is Monday, May 22nd.
Shares of Putnam Premier Income Trust (NYSE:PPT) traded up 0.78% during trading on Friday, hitting $5.20. The stock had a trading volume of 617,103 shares. The stock’s 50 day moving average is $5.28 and its 200-day moving average is $5.05. The company has a market cap of $557.72 million, a PE ratio of 7.99 and a beta of 0.38. Putnam Premier Income Trust has a 12-month low of $4.60 and a 12-month high of $5.37.
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Putnam Premier Income Trust Company Profile
Putnam Premier Income Trust (the Fund) is a closed-end fund seeking high current income by investing in a range of fixed-income securities globally. The investment objective of the Fund is to seek to provide high current income. Its portfolio includes agency pass-through, commercial mortgage-backed securities (MBSs), high-yield corporate bonds, agency collateralized mortgage obligations (CMOs), emerging-market bonds, residential MBS (non-agency), international treasury/agency, investment-grade corporate bonds, bank loans and equity investments.
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