Putnam Premier Income Trust (NYSE:PPT – Get Free Report) declared a monthly dividend on Monday, December 9th,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 annualized dividend and a dividend yield of 8.79%. The ex-dividend date is Monday, December 23rd.
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 Stock Performance
PPT opened at $3.55 on Friday. Putnam Premier Income Trust has a 1-year low of $3.40 and a 1-year high of $3.74. The business has a 50 day moving average price of $3.59 and a two-hundred day moving average price of $3.61.
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
- 3 Stocks to Consider Buying in October
- Oil Titans Face Off: Exxon Mobil or Chevron for 2025 Gains?
- Options Trading – Understanding Strike Price
- Mining Stocks Back in the Spotlight: 3 Key Names to Watch
- What is the Dogs of the Dow Strategy? Overview and Examples
- MarketBeat Week in Review – 12/16 – 12/20
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.
