Putnam Premier Income Trust (PPT) To Go Ex-Dividend on July 24th

Putnam Premier Income Trust (NYSE:PPT) announced a monthly dividend on Monday, July 1st, Zacks reports. Stockholders of record on Wednesday, July 24th will be paid a dividend of 0.026 per share by the investment management company on Thursday, August 1st. This represents a $0.31 dividend on an annualized basis and a dividend yield of 8.62%. The ex-dividend date of this dividend is Wednesday, July 24th.

Putnam Premier Income Trust has decreased its dividend payment by an average of 1.8% per year over the last three years.

Putnam Premier Income Trust Trading Down 1.1 %

Shares of NYSE:PPT opened at $3.62 on Monday. The stock has a fifty day simple moving average of $3.53 and a two-hundred day simple moving average of $3.55. Putnam Premier Income Trust has a 12-month low of $3.25 and a 12-month high of $3.72.

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.