Putnam Premier Income Trust (NYSE:PPT – Get Free Report) announced a monthly dividend on Monday, October 28th,Zacks Dividends reports. Investors of record on Friday, November 22nd will be paid a dividend of 0.026 per share by the investment management company on Monday, December 2nd. This represents a $0.31 annualized dividend and a dividend yield of 8.86%. The ex-dividend date is Friday, November 22nd.
Putnam Premier Income Trust has decreased its dividend by an average of 1.8% per year over the last three years.
Putnam Premier Income Trust Stock Performance
Shares of NYSE PPT opened at $3.52 on Wednesday. The business’s 50 day moving average is $3.65 and its 200-day moving average is $3.60. Putnam Premier Income Trust has a 1-year low of $3.37 and a 1-year high of $3.74.
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.
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