Putnam High Income Bond Fund (NYSE:PCF) announced a monthly dividend on Monday, October 23rd, Wall Street Journal reports. Investors of record on Friday, November 24th will be paid a dividend of 0.0283 per share by the financial services provider on Friday, December 1st. This represents a $0.34 dividend on an annualized basis and a yield of 3.81%. The ex-dividend date of this dividend is Wednesday, November 22nd.

Putnam High Income Bond Fund has decreased its dividend payment by an average of 7.5% annually over the last three years.

Shares of Putnam High Income Bond Fund (NYSE:PCF) opened at $8.91 on Friday. Putnam High Income Bond Fund has a 1 year low of $7.74 and a 1 year high of $9.10.

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In related news, major shareholder Bulldog Investors, Llc purchased 21,200 shares of Putnam High Income Bond Fund stock in a transaction that occurred on Monday, September 11th. The stock was purchased at an average cost of $8.72 per share, with a total value of $184,864.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last three months, insiders purchased 196,378 shares of company stock valued at $1,737,585.

Putnam High Income Bond Fund Company Profile

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.

Dividend History for Putnam High Income Bond Fund (NYSE:PCF)

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