Putnam Premier Income Trust Declares Monthly Dividend of $0.03 (NYSE:PPT)

Key Points

• Putnam Premier Income Trust has declared a monthly dividend of $0.03, with an annualized yield of 8.5%, payable on October 31st to investors recorded by October 17th.
• The trust's shares opened at $3.68, showing a 52-week range between a low of $3.40 and a high of $3.77, with moving averages at $3.69 (50-day) and $3.65 (200-day).
• Putnam Premier Income Trust is managed by Putnam Investment Management, LLC and primarily invests in U.S. high-grade and high-yield bonds with an average credit quality of BBB.

Putnam Premier Income Trust (NYSE:PPT - Get Free Report) declared a monthly dividend on Thursday, August 7th. Investors of record on Friday, October 17th will be paid a dividend of 0.026 per share by the investment management company on Friday, October 31st. This represents a c) annualized dividend and a yield of 8.5%. The ex-dividend date of this dividend is Friday, October 17th.

Putnam Premier Income Trust Price Performance

Shares of PPT opened at $3.68 on Wednesday. Putnam Premier Income Trust has a 52 week low of $3.40 and a 52 week high of $3.77. The stock has a 50 day moving average price of $3.69 and a two-hundred day moving average price of $3.65.

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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