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

Key Points

• Putnam Premier Income Trust has announced a monthly dividend of $0.03 per share, with an annualized yield of 8.3%.
• Investors must be on record by September 18th to qualify for the dividend payment on September 30th.
• The trust's stock opened at $3.74, with a one-year price range between $3.40 and $3.75.

Putnam Premier Income Trust (NYSE:PPT - Get Free Report) declared a monthly dividend on Thursday, August 7th. Investors of record on Thursday, September 18th will be given a dividend of 0.026 per share by the investment management company on Tuesday, September 30th. This represents a c) annualized dividend and a yield of 8.3%. The ex-dividend date of this dividend is Thursday, September 18th.

Putnam Premier Income Trust Price Performance

NYSE:PPT opened at $3.74 on Tuesday. Putnam Premier Income Trust has a 1-year low of $3.40 and a 1-year high of $3.75. The business's fifty day moving average price is $3.67 and its 200 day moving average price is $3.63.

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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