Putnam Premier Income Trust (NYSE:PPT – Get Free Report) announced a monthly dividend on Wednesday, May 22nd, Wall Street Journal reports. Shareholders of record on Monday, June 24th will be given a dividend of 0.026 per share by the investment management company on Monday, July 1st. This represents a $0.31 dividend on an annualized basis and a yield of 8.83%. The ex-dividend date of this dividend is Monday, June 24th.
Putnam Premier Income Trust has decreased its dividend by an average of 1.8% annually over the last three years and has increased its dividend every year for the last 1 years.
Putnam Premier Income Trust Trading Up 0.1 %
NYSE PPT opened at $3.54 on Thursday. The stock has a 50 day moving average price of $3.50 and a 200-day moving average price of $3.54. Putnam Premier Income Trust has a one year low of $3.25 and a one year high of $3.72.
About Putnam Premier Income Trust
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.
Recommended Stories
- Five stocks we like better than Putnam Premier Income Trust
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- Williams-Sonoma Stock Forecast to Hit $500? Here’s How
- What is Short Interest? How to Use It
- PDD Holdings Earnings Volatility Alerts Buyers
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- NVIDIA’s Rally is Far From Over, Neither is Volatility
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.
