Putnam Premier Income Trust Plans Monthly Dividend of $0.03 (NYSE:PPT)

Putnam Premier Income Trust (NYSE:PPTGet Free Report) declared a monthly dividend on Wednesday, August 5th. Investors of record on Friday, November 20th will be given a dividend of 0.026 per share by the investment management company on Monday, November 30th. This represents a c) annualized dividend and a dividend yield of 9.1%. The ex-dividend date is Friday, November 20th.

Putnam Premier Income Trust Stock Down 0.1%

Shares of Putnam Premier Income Trust stock opened at $3.42 on Thursday. The company has a fifty day moving average price of $3.44 and a 200 day moving average price of $3.51. Putnam Premier Income Trust has a twelve month low of $3.37 and a twelve month high of $3.77.

About Putnam Premier Income Trust

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Putnam Premier Income Trust (NYSE:PPT) is a diversified closed-end management investment company that seeks to provide current income with a secondary objective of capital appreciation. The trust pursues income through a portfolio of domestic and international fixed-income and equity securities, including high-yield corporate bonds, investment-grade debt, preferred securities and dividend-paying stocks. Its investment strategy emphasizes diversification across credit quality, sector and geography to balance income generation with risk management.

The fund employs leverage, including borrowing and preferred shares, to enhance its income potential within regulatory limits.

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Dividend History for Putnam Premier Income Trust (NYSE:PPT)

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