Putnam Premier Income Trust Stock Price, News & Analysis (NYSE:PPT)

$5.19 0.04 (0.78 %)
(As of 12/15/2017 04:00 PM ET)
Previous Close$5.19
Today's Range$5.16 - $5.20
52-Week Range$4.88 - $5.68
Volume450,894 shs
Average Volume329,249 shs
Market Capitalization$552.36 million
P/E RatioN/A
Dividend Yield6.06%
Beta0.36

About Putnam Premier Income Trust (NYSE:PPT)

Putnam Premier Income Trust (the Fund) is a diversified closed-end management investment company. The Fund seeks high current income consistent with the preservation of capital by allocating its investments among the United States Government sector, high yield sector and international sector of the fixed-income securities market. The Fund's portfolio includes the United States Government and agency mortgage obligations, mortgage-backed securities, corporate bonds and notes, foreign government and agency bonds and notes, senior loans, common stocks, purchased swap options outstanding, preferred stocks and preferred stocks. The Fund may invest in higher-yielding, lower-rated bonds that may have a higher rate of default. The Fund may invest its assets in securitized debt instruments, including mortgage-backed and asset-backed investments. Putnam Investment Management, LLC is the Fund's investment manager.

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Industry, Sector and Symbol

Industry Closed End Funds
Sub-IndustryN/A
SectorFinance
SymbolNYSE:PPT
CUSIPN/A
WebN/A
PhoneN/A

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSN/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares107,250,000

Putnam Premier Income Trust (NYSE:PPT) Frequently Asked Questions

What is Putnam Premier Income Trust's stock symbol?

Putnam Premier Income Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "PPT."

How often does Putnam Premier Income Trust pay dividends? What is the dividend yield for Putnam Premier Income Trust?

Putnam Premier Income Trust announced a monthly dividend on Monday, November 20th. Stockholders of record on Wednesday, January 24th will be paid a dividend of $0.026 per share on Thursday, February 1st. This represents a $0.31 dividend on an annualized basis and a dividend yield of 6.01%. The ex-dividend date is Tuesday, January 23rd. View Putnam Premier Income Trust's Dividend History.

Who are some of Putnam Premier Income Trust's key competitors?

Who are Putnam Premier Income Trust's key executives?

Putnam Premier Income Trust's management team includes the folowing people:

  • Jameson A. Baxter, Independent Chairman of the Board of Trustees (Age 74)
  • Robert L. Reynolds, President, Trustee (Age 65)
  • Jonathan S. Horwitz, Principal Executive Officer, Executive Vice President, Treasurer, Compliance Liaison (Age 61)
  • James Clark, Chief Compliance Officer (Age 43)
  • Janet C. Smith, Principal Accounting Officer, Vice President, Assistant Treasurer (Age 52)
  • Michael J. Higgins, Vice President, Treasurer and Clerk (Age 41)
  • Nancy E. Florek, Vice President, Assistant Clerk, Assistant Treasurer, Corporate Governance, Director - Proxy Voting and Corporate Governance (Age 60)
  • Susan G. Malloy, Vice President, Assistant Treasurer (Age 60)
  • Robert T. Burns, Chief Legal Officer, Vice President (Age 56)
  • Mark C. Trenchard, Vice President, BSA Compliance Officer (Age 55)

Who owns Putnam Premier Income Trust stock?

Putnam Premier Income Trust's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Sit Investment Associates Inc. (0.00%), Wells Fargo & Company MN (1.83%), Raymond James Financial Services Advisors Inc. (0.00%), BB&T Securities LLC (0.22%), Arlington Capital Management Inc. (0.17%) and Pinnacle Advisory Group Inc. (0.00%). View Institutional Ownership Trends for Putnam Premier Income Trust.

Who sold Putnam Premier Income Trust stock? Who is selling Putnam Premier Income Trust stock?

Putnam Premier Income Trust's stock was sold by a variety of institutional investors in the last quarter, including Sit Investment Associates Inc., Bartlett & Co. LLC, Raymond James Financial Services Advisors Inc. and Doyle Wealth Management. View Insider Buying and Selling for Putnam Premier Income Trust.

Who bought Putnam Premier Income Trust stock? Who is buying Putnam Premier Income Trust stock?

Putnam Premier Income Trust's stock was purchased by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Doliver Capital Advisors LP, BB&T Securities LLC, Arlington Capital Management Inc., Sanders Morris Harris LLC, Pinnacle Advisory Group Inc., Susquehanna International Group LLP and BerganKDV Wealth Management LLC. View Insider Buying and Selling for Putnam Premier Income Trust.

How do I buy Putnam Premier Income Trust stock?

Shares of Putnam Premier Income Trust can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Putnam Premier Income Trust's stock price today?

One share of Putnam Premier Income Trust stock can currently be purchased for approximately $5.19.

How big of a company is Putnam Premier Income Trust?

Putnam Premier Income Trust has a market capitalization of $552.36 million.


MarketBeat Community Rating for Putnam Premier Income Trust (PPT)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  37 (Vote Outperform)
Underperform Votes:  43 (Vote Underperform)
Total Votes:  80
MarketBeat's community ratings are surveys of what our community members think about Putnam Premier Income Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Putnam Premier Income Trust (NYSE:PPT) Analyst Ratings History


No equities research coverage for this company has been tracked by MarketBeat

Earnings

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


No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Putnam Premier Income Trust (NYSE:PPT) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Putnam Premier Income Trust (NYSE:PPT) Dividend Information

Next Dividend:2/1/2018
Annual Dividend:$0.31
Dividend Yield:5.97%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:
Frequency:Monthly Dividend
Dividend Payments by Quarter for Putnam Premier Income Trust (NYSE:PPT)

Putnam Premier Income Trust (NYSE:PPT) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/20/2017monthly$0.036.02%1/23/20181/24/20182/1/2018
11/20/2017monthly$0.036.02%12/21/201712/22/20171/2/2018
10/23/2017monthly$0.035.77%11/22/201711/24/201712/1/2017
9/18/2017monthly$0.035.82%10/23/201710/24/201711/1/2017
8/10/2017monthly$0.035.97%9/21/20179/22/201710/2/2017
8/9/2017Monthly$0.035.97%8/22/20178/24/20179/1/2017
6/26/2017monthly$0.035.78%7/20/20177/24/20178/1/2017
5/22/2017monthly$0.036%6/21/20176/23/20177/3/2017
4/21/2017monthly$0.036%5/22/20175/24/20176/1/2017
3/17/2017Monthly$0.034/20/20174/24/20175/1/2017
1/30/2017monthly$0.035.91%2/21/20172/23/20173/1/2017
1/30/2017monthly$0.035.91%3/22/20173/24/20174/3/2017
11/21/2016monthly$0.036.49%1/20/20171/24/20172/1/2017
11/21/2016monthly$0.036.49%12/21/201612/23/20161/3/2017
10/24/2016monthly$0.036.5%11/21/201611/23/201612/1/2016
9/19/2016monthly$0.036.53%10/20/201610/24/201611/1/2016
8/9/2016monthly$0.036.41%9/21/20169/23/201610/3/2016
8/9/2016monthly$0.036.41%8/22/20168/24/20169/1/2016
6/27/2016monthly$0.036.75%7/20/20167/22/20168/1/2016
5/23/2016monthly$0.036.65%6/22/20166/24/20167/1/2016
3/21/2016monthly$0.036.57%5/20/20165/24/20166/1/2016
3/21/2016monthly$0.036.57%4/20/20164/22/20165/2/2016
2/1/2016monthly$0.036.64%2/22/20162/24/20163/1/2016
2/1/2016monthly$0.036.64%3/22/20163/24/20164/1/2016
11/23/2015monthly$0.036.2%1/20/20161/22/20162/1/2016
11/23/2015monthly$0.036.2%12/21/201512/23/20151/4/2016
10/19/2015monthly$0.036.23%11/20/201511/24/201512/1/2015
9/21/2015monthly$0.036.27%10/21/201510/23/201511/2/2015
8/7/2015monthly$0.036.28%9/22/20159/24/201510/1/2015
8/7/2015monthly$0.036.28%8/20/20158/24/20159/1/2015
6/22/2015monthly$0.036.06%7/22/20157/24/20158/3/2015
5/26/2015monthly$0.035.99%6/22/20156/24/20157/1/2015
3/23/2015monthly$0.035.93%4/22/20154/24/20155/1/2015
3/23/2015monthly$0.035.93%5/20/20155/22/20156/1/2015
1/26/2015monthly$0.035.95%3/20/20153/24/20154/1/2015
1/26/2015monthly$0.035.95%2/20/20152/24/20153/2/2015
11/17/2014monthly$0.035.84%1/21/20151/23/20152/2/2015
11/17/2014monthly$0.035.84%12/19/201412/23/20141/2/2015
10/20/2014monthly$0.035.89%11/20/201411/24/201412/1/2014
9/22/2014monthly$0.035.74%10/22/201410/24/201411/3/2014
8/7/2014monthly$0.035.81%9/22/20149/24/201410/1/2014
8/7/2014monthly$0.035.81%8/20/20148/22/20149/2/2014
6/23/2014monthly$0.035.58%7/22/20147/24/20148/1/2014
5/19/2014monthly$0.035.66%6/20/20146/24/20147/1/2014
3/24/2014monthly$0.035.67%5/21/20145/23/20146/2/2014
3/24/2014monthly$0.035.67%4/22/20144/24/20145/1/2014
1/27/2014monthly$0.035.79%3/20/20143/24/20144/1/2014
1/27/2014monthly$0.035.79%2/20/20142/24/20143/3/2014
11/25/2013monthly$0.035.77%1/22/20141/24/20142/3/2014
11/25/2013monthly$0.035.77%12/19/201312/23/20131/2/2014
9/23/2013monthly$0.035.88%10/22/201310/24/201311/1/2013
9/23/2013monthly$0.035.88%11/20/201311/22/201312/2/2013
8/12/2013monthly$0.035.89%8/21/20138/23/20139/3/2013
8/12/2013monthly$0.035.89%9/20/20139/24/201310/1/2013
5/20/2013monthly$0.035.65%6/20/20136/24/20137/1/2013
3/25/2013monthly$0.035.64%4/22/20134/24/20135/1/2013
3/25/2013monthly$0.035.64%5/22/20135/24/20136/3/2013
2/25/2013monthly$0.035.65%3/20/20133/22/20134/1/2013
2/7/2013monthly$0.035.58%2/20/20132/22/20133/1/2013
12/17/2012monthly$0.035.83%12/20/201212/24/20121/2/2013
12/17/2012monthly$0.035.83%1/22/20131/24/20132/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Putnam Premier Income Trust (NYSE PPT) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 14.27%
Insider Trades by Quarter for Putnam Premier Income Trust (NYSE:PPT)
Institutional Ownership by Quarter for Putnam Premier Income Trust (NYSE:PPT)

Putnam Premier Income Trust (NYSE PPT) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/4/2016Walter C DonovanInsiderBuy118,798$4.70$558,350.60View SEC Filing  
3/3/2016Walter C DonovanInsiderBuy136,552$4.65$634,966.80View SEC Filing  
12/7/2015D William KohliInsiderBuy50,000$4.91$245,500.00View SEC Filing  
9/8/2015D William KohliInsiderBuy50,000$4.91$245,500.00View SEC Filing  
7/8/2015Walter C DonovanInsiderBuy265,000$5.10$1,351,500.00View SEC Filing  
1/6/2015D William KohliInsiderBuy69,186$5.24$362,534.64View SEC Filing  
4/7/2014D William KohliInsiderBuy75,000$5.51$413,250.00View SEC Filing  
4/2/2014D William KohliInsiderBuy25,000$5.50$137,500.00View SEC Filing  
3/7/2014Michael V SalmInsiderBuy85,000$5.51$468,350.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Putnam Premier Income Trust (NYSE PPT) News Headlines

Source:
DateHeadline
Putnam Premier Income Trust (PPT) Announces Monthly Dividend of $0.03Putnam Premier Income Trust (PPT) Announces Monthly Dividend of $0.03
www.americanbankingnews.com - November 20 at 6:27 PM
Putnam Premier Income Trust (PPT) to Issue Monthly Dividend of $0.03Putnam Premier Income Trust (PPT) to Issue Monthly Dividend of $0.03
www.americanbankingnews.com - November 20 at 6:26 PM
Putnam Premier Income Trust (PPT) Declares Monthly Dividend of $0.03Putnam Premier Income Trust (PPT) Declares Monthly Dividend of $0.03
www.americanbankingnews.com - October 23 at 6:44 PM
Putnam Premier Income Trust (PPT) Ex-Dividend Date...Putnam Premier Income Trust (PPT) Ex-Dividend Date...
www.nasdaq.com - October 22 at 4:20 AM
Reminder - Putnam Premier Income Trust (PPT) Goes Ex-Dividend SoonReminder - Putnam Premier Income Trust (PPT) Goes Ex-Dividend Soon
www.thestreet.com - October 20 at 1:42 AM
Putnam Premier Income Trust Announces Monthly Dividend of $0.03 (PPT)Putnam Premier Income Trust Announces Monthly Dividend of $0.03 (PPT)
www.americanbankingnews.com - September 18 at 5:44 PM
Putnam Premier Income Trust (PPT) Sees Significant Decrease in Short InterestPutnam Premier Income Trust (PPT) Sees Significant Decrease in Short Interest
www.americanbankingnews.com - August 17 at 1:30 AM
Putnam Premier Income Trust (PPT) Announces $0.03 Monthly DividendPutnam Premier Income Trust (PPT) Announces $0.03 Monthly Dividend
www.americanbankingnews.com - August 10 at 6:26 PM
Putnam Premier Income Trust (PPT) Plans Monthly Dividend of $0.03Putnam Premier Income Trust (PPT) Plans Monthly Dividend of $0.03
www.americanbankingnews.com - August 10 at 2:20 PM
Putnam Premier Income Trust (PPT) Ex-Dividend Date Scheduled for JulyPutnam Premier Income Trust (PPT) Ex-Dividend Date Scheduled for July
www.nasdaq.com - July 20 at 5:59 AM
Putnam declares monthly distribution on Closed-End FundsPutnam declares monthly distribution on Closed-End Funds
seekingalpha.com - December 21 at 8:09 PM
Putnam Premier Income Trust (PPT) Ex-Dividend Date Scheduled forPutnam Premier Income Trust (PPT) Ex-Dividend Date Scheduled for
www.nasdaq.com - November 18 at 6:31 PM
Putnam Premier Income Trust goes ex-dividend todayPutnam Premier Income Trust goes ex-dividend today
seekingalpha.com - October 20 at 7:08 PM
Perisai Bondholders Reject Oil Rig Contractor’s ProposalPerisai Bondholders Reject Oil Rig Contractor’s Proposal
www.bloomberg.com - October 3 at 11:30 AM
Putnam Premier Income Trust declares $0.026 dividendPutnam Premier Income Trust declares $0.026 dividend
seekingalpha.com - September 15 at 10:24 AM

SEC Filings

Putnam Premier Income Trust (NYSE:PPT) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

Putnam Premier Income Trust (NYSE PPT) Stock Chart for Saturday, December, 16, 2017

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This page was last updated on 12/16/2017 by MarketBeat.com Staff

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