Putnam Premier Income Trust (NYSE:PPT – Get Free Report) declared a monthly dividend on Monday, December 9th,Wall Street Journal reports. Shareholders of record on Monday, December 23rd will be given a dividend of 0.026 per share by the investment management company on Thursday, January 2nd. This represents a $0.31 annualized dividend and a dividend yield of 8.79%. The ex-dividend date is Monday, December 23rd.
Putnam Premier Income Trust has decreased its dividend by an average of 1.8% annually over the last three years.
Putnam Premier Income Trust Price Performance
PPT opened at $3.55 on Friday. The business has a fifty day simple moving average of $3.59 and a 200-day simple moving average of $3.61. Putnam Premier Income Trust has a fifty-two week low of $3.40 and a fifty-two week high of $3.74.
Putnam Premier Income Trust Company Profile
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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