Putnam High Income Bond Fund (PCF) Earning Favorable Media Coverage, Report Shows
Press coverage about Putnam High Income Bond Fund (NYSE:PCF) has been trending positive on Saturday, Accern reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Putnam High Income Bond Fund earned a media sentiment score of 0.29 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 46.7202684273179 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of Putnam High Income Bond Fund (NYSE:PCF) traded up 0.287% during trading on Friday, reaching $8.735. 13,511 shares of the company were exchanged. The company’s 50-day moving average is $8.83 and its 200 day moving average is $8.73. Putnam High Income Bond Fund has a 1-year low of $7.60 and a 1-year high of $8.99.
The business also recently declared a monthly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Friday, September 22nd will be issued a $0.0283 dividend. The ex-dividend date of this dividend is Thursday, September 21st. This represents a $0.34 dividend on an annualized basis and a dividend yield of 3.89%. This is a boost from Putnam High Income Bond Fund’s previous monthly dividend of $0.03.
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About Putnam High Income Bond Fund
Putnam High Income Securities Fund is a diversified closed-end management investment company. The Fund provides high current income as a primary objective and capital appreciation as a secondary objective. The Fund pursues its objective by investing in convertible bonds and convertible preferred stocks.
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