Putnam Premier Income Trust (NYSE:PPT – Get Free Report) announced a monthly dividend on Friday, March 7th, NASDAQ Dividends reports. Stockholders 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 annualized dividend and a dividend yield of 8.65%. The ex-dividend date is Monday, March 17th.
Putnam Premier Income Trust has raised its dividend by an average of 28.0% annually over the last three years.
Putnam Premier Income Trust Stock Up 0.7 %
Shares of PPT stock opened at $3.61 on Friday. Putnam Premier Income Trust has a 52 week low of $3.40 and a 52 week high of $3.74. The firm has a 50 day moving average of $3.59 and a 200-day moving average of $3.61.
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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