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

Putnam Premier Income Trust logo with Finance background

Key Points

  • Putnam Premier Income Trust (NYSE:PPT) announced a dividend of $0.03, with shareholders of record on August 19 set to receive payments on August 29, resulting in a significant dividend yield of 846.0%.
  • The ex-dividend date is August 18, indicating when new investors will not be eligible for the upcoming dividend payment.
  • As of the latest trading session, PPT shares opened at $3.69, with a 52-week trading range of $3.40 to $3.74.
  • MarketBeat previews top five stocks to own in October.

Putnam Premier Income Trust (NYSE:PPT - Get Free Report) declared a dividend on Saturday, August 16th, investing.com reports. Investors of record on Tuesday, August 19th will be paid a dividend of 0.026 per share by the investment management company on Friday, August 29th. This represents a dividend yield of 846.0%. The ex-dividend date is Monday, August 18th.

Putnam Premier Income Trust Price Performance

Shares of Putnam Premier Income Trust stock traded down $0.0050 on Thursday, hitting $3.6450. The company's stock had a trading volume of 82,583 shares, compared to its average volume of 190,186. Putnam Premier Income Trust has a 1 year low of $3.40 and a 1 year high of $3.74. The firm has a fifty day moving average price of $3.66 and a 200-day moving average price of $3.62.

Putnam Premier Income Trust Company Profile

(Get Free Report)

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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Dividend History for Putnam Premier Income Trust (NYSE:PPT)

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