Putnam Premier Income Trust (NYSE:PPT – Get Free Report) declared a monthly dividend on Monday, February 10th, Wall Street Journal reports. Investors 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 8.63%. The ex-dividend date is Monday, February 24th.
Putnam Premier Income Trust has raised its dividend by an average of 28.0% per year over the last three years.
Putnam Premier Income Trust Stock Performance
Shares of Putnam Premier Income Trust stock opened at $3.62 on Friday. Putnam Premier Income Trust has a twelve month low of $3.40 and a twelve month high of $3.74. The business has a 50-day moving average price of $3.58 and a 200 day moving average price of $3.62.
About Putnam Premier Income Trust
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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