Putnam Premier Income Trust (NYSE:PPT - Get Free Report) announced a monthly dividend on Monday, October 28th, Zacks reports. Shareholders of record on Friday, November 22nd will be given a dividend of 0.026 per share by the investment management company on Monday, December 2nd. This represents a $0.31 annualized dividend and a yield of 8.73%. The ex-dividend date is Friday, November 22nd.
Putnam Premier Income Trust has decreased its dividend by an average of 1.8% per year over the last three years.
Putnam Premier Income Trust Stock Performance
Shares of Putnam Premier Income Trust stock traded down $0.03 during trading on Tuesday, reaching $3.58. 330,149 shares of the stock were exchanged, compared to its average volume of 146,060. The stock's fifty day moving average is $3.68 and its 200 day moving average is $3.59. Putnam Premier Income Trust has a 1 year low of $3.28 and a 1 year high of $3.74.
Putnam Premier Income Trust Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider Putnam Premier Income Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Putnam Premier Income Trust wasn't on the list.
While Putnam Premier Income Trust currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
