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

Putnam Premier Income Trust logo with Finance background
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Putnam Premier Income Trust (NYSE:PPT - Get Free Report) announced a monthly dividend on Friday, March 7th, NASDAQ Dividends reports. Investors of record on Monday, March 17th will be paid a dividend of 0.026 per share by the investment management company on Monday, March 31st. This represents a $0.31 dividend on an annualized basis and a yield of 8.70%. The ex-dividend date of this dividend is Monday, March 17th.

Putnam Premier Income Trust has increased its dividend by an average of 28.0% annually over the last three years.

Putnam Premier Income Trust Stock Down 0.1 %

NYSE:PPT traded down $0.01 during trading on Wednesday, reaching $3.59. The company's stock had a trading volume of 66,576 shares, compared to its average volume of 162,065. Putnam Premier Income Trust has a 12 month low of $3.40 and a 12 month high of $3.74. The firm has a 50 day moving average of $3.59 and a 200-day moving average of $3.61.

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

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

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