Putnam Premier Income Trust (NYSE:PPT – Get Free Report) declared a monthly dividend on Monday, February 10th,Wall Street Journal reports. Investors of record on Monday, February 24th will be paid a dividend of 0.026 per share by the investment management company on Monday, March 3rd. This represents a $0.31 annualized dividend and a dividend yield of 8.61%. The ex-dividend date is Monday, February 24th.
Putnam Premier Income Trust has increased its dividend payment by an average of 28.0% per year over the last three years.
Putnam Premier Income Trust Stock Performance
Shares of PPT stock opened at $3.63 on Wednesday. Putnam Premier Income Trust has a 52 week low of $3.40 and a 52 week high of $3.74. The company’s 50 day moving average price is $3.58 and its two-hundred day moving average price is $3.62.
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.
See Also
- Five stocks we like better than Putnam Premier Income Trust
- Diversification Can Smooth Returns And Mitigate Portfolio Risk
- Constellation Brands: A Fallen Star or a Hidden Value Play?
- 2 Rising CRM Platform Stocks That Can Surge Higher in 2025
- META Stock: Insider Selling Ramps Up—What It Means for Investors
- 3 Ways To Invest In Coffee, Other Than Drinking It
- 3 Chip Stocks Still Trading 50% Below Their 52-Week Highs
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.
