Putnam Premier Income Trust (NYSE:PPT - Get Free Report) declared a monthly dividend on Monday, February 10th,Wall Street Journal reports. Stockholders 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 8.65%. The ex-dividend date is Monday, February 24th.
Putnam Premier Income Trust has increased its dividend by an average of 28.0% per year over the last three years.
Putnam Premier Income Trust Trading Up 0.1 %
Shares of PPT stock traded up $0.01 during trading hours on Friday, hitting $3.61. 123,165 shares of the company's stock were exchanged, compared to its average volume of 150,199. The firm has a 50 day moving average of $3.58 and a two-hundred day moving average of $3.62. Putnam Premier Income Trust has a fifty-two week low of $3.40 and a fifty-two week high of $3.74.
About Putnam Premier Income Trust
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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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