Putnam Premier Income Trust (NYSE:PPT – Get Free Report) declared a monthly dividend on Monday, May 20th, Wall Street Journal reports. Investors of record on Monday, June 24th will be paid 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 8.79%. The ex-dividend date is Monday, June 24th.
Putnam Premier Income Trust has decreased its dividend payment by an average of 1.8% per year over the last three years.
Putnam Premier Income Trust Trading Up 0.3 %
Shares of Putnam Premier Income Trust stock opened at $3.55 on Friday. Putnam Premier Income Trust has a one year low of $3.25 and a one year high of $3.72. The business’s 50 day moving average price is $3.49 and its 200 day moving average price is $3.55.
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.
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