Putnam Premier Income Trust (NYSE:PPT – Get Free Report) declared a monthly dividend on Tuesday, December 10th,Wall Street Journal reports. Stockholders of record on Monday, December 23rd will be given a dividend of 0.026 per share by the investment management company on Thursday, January 2nd. This represents a $0.31 dividend on an annualized basis and a dividend yield of 8.62%. The ex-dividend date of this dividend is Monday, December 23rd.
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 PPT stock traded up $0.01 on Wednesday, reaching $3.62. The stock had a trading volume of 26,149 shares, compared to its average volume of 151,086. The company has a 50 day simple moving average of $3.60 and a 200 day simple moving average of $3.61. Putnam Premier Income Trust has a 1 year low of $3.40 and a 1 year high of $3.74.
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.
Featured Articles
- Five stocks we like better than Putnam Premier Income Trust
- What Are the FAANG Stocks and Are They Good Investments?
- The Great CPU Race: AMD and Intel Battle for Dominance
- Trading Stocks: RSI and Why it’s Useful
- GameStop Turns a Profit: So What? It’s Still Not Worth Investing
- How to Invest in Small Cap Stocks
- C3.ai Stock Surges on Strong Sales Despite Profit Concerns
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.
