Putnam Premier Income Trust Plans Monthly Dividend of $0.03 (NYSE:PPT)

Putnam Premier Income Trust (NYSE:PPT) announced a monthly dividend on Thursday, November 20th. Shareholders of record on Friday, January 23rd will be paid a dividend of 0.026 per share by the investment management company on Friday, January 30th. This represents a c) annualized dividend and a yield of 8.8%. The ex-dividend date is Friday, January 23rd.

Putnam Premier Income Trust Stock Up 0.3%

Shares of PPT traded up $0.01 during midday trading on Thursday, hitting $3.55. 182,910 shares of the company traded hands, compared to its average volume of 196,261. The firm has a 50 day moving average of $3.66 and a 200-day moving average of $3.66. Putnam Premier Income Trust has a 52 week low of $3.40 and a 52 week high of $3.77.

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.