Putnam Premier Income Trust (NYSE:PPT – Get Free Report) declared a monthly dividend on Monday, April 22nd, Wall Street Journal reports. Shareholders of record on Friday, May 24th will be given a dividend of 0.026 per share by the investment management company on Monday, June 3rd. This represents a $0.31 annualized dividend and a yield of 8.99%. The ex-dividend date is Thursday, May 23rd.
Putnam Premier Income Trust has decreased its dividend payment by an average of 8.8% annually over the last three years.
Putnam Premier Income Trust Trading Up 0.3 %
Putnam Premier Income Trust stock opened at $3.47 on Tuesday. The firm’s 50 day moving average price is $3.53 and its two-hundred day moving average price is $3.52. Putnam Premier Income Trust has a twelve month low of $3.25 and a twelve month high of $3.72.
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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