NYSE:PPT

Putnam Premier Income Trust - PPT Stock Forecast, Price & News

$3.87

-0.06 (-1.53%)

(As of 08/19/2022 12:00 AM ET)

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Today's Range: $3.86
▼
$3.93
50-Day Range: $3.71
▼
$4.00
52-Week Range: $3.69
▼
$4.65

Volume: 139,636 shs
Average Volume: 240,198 shs
Market Capitalization: $396.43 million

P/E Ratio: N/A
Dividend Yield: 7.89%
Price Target: N/A

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. It benchmarks the performance of its portfolio against the Barclays Capital Government Bond Index. Putnam Premier Income Trust was formed on February 29, 1988 and is domiciled in the United States.

Putnam Premier Income Trust Price Performance

Shares of PPT opened at $3.93 on Friday. The stock has a 50 day moving average price of $3.86 and a two-hundred day moving average price of $3.90. Putnam Premier Income Trust has a 52 week low of $3.69 and a 52 week high of $4.65.

Putnam Premier Income Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, October 3rd. Shareholders of record on Friday, September 23rd will be issued a dividend of $0.026 per share. This represents a $0.31 dividend on an annualized basis and a yield of 7.94%. The ex-dividend date of this dividend is Thursday, September 22nd.

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PPT Stock News Headlines

June 8, 2022 | apnews.com

Putnam Investments Announces 19(a) Notices for Class A Open-End Funds

March 22, 2022 | seekingalpha.com

Putnam Premier Income Trust goes ex-dividend tomorrow

February 18, 2022 | seekingalpha.com

Putnam Premier Income Trust go ex dividend tomorrow

November 19, 2021 | seekingalpha.com

Putnam Premier Income Trust goes ex-dividend on Monday

July 21, 2021 | nasdaq.com

Putnam Premier Income Trust Common Stock (PPT)

December 21, 2020 | benzinga.com

Ex-Dividend Date Insight: Putnam Premier Income

December 4, 2020 | barrons.com

Putnam Premier Income Trust

November 20, 2020 | seekingalpha.com

Putnam Premier Income Trust declares $0.026 dividend

November 20, 2020 | finance.yahoo.com

Understanding Putnam Premier Income's Ex-Dividend Date

April 24, 2020 | www.nasdaq.com

PPT Putnam Premier Income Trust Common Stock

March 15, 2020 | www.bloomberg.com

Putnam Investments Renews Closed-End Fund Share Repurchase Program

November 22, 2019 | finance.yahoo.com

Putnam Premier Income Trust (PPT)

November 22, 2019 | finance.yahoo.com

Putnam Investments Announces Distribution Rates for Closed-End Funds

November 1, 2019 | www.nasdaq.com

Putnam Premier Income Trust Common Stock (PPT) Revenue EPS

July 31, 2019 | seekingalpha.com

Putnam Premier Income Trust declares $0.0350 dividend

July 10, 2019 | seekingalpha.com

Putnam Premier Income Trust declares $0.035 dividend

April 2, 2019 | seekingalpha.com

A Shift To A Capital Return Program Could Boost Putnam Premier Income Trust

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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PPT Company Calendar

Today: 8/19/2022
Ex-Dividend for 9/1 Dividend: 8/23/2022
Dividend Payable: 9/01/2022
Ex-Dividend for 10/3 Dividend: 9/22/2022
Dividend Payable: 10/03/2022
Fiscal Year End: 12/31/2022

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Investment offices, not elsewhere classified
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:PPT
CUSIP: N/A
CIK: 827773
Web: www.putnam.com
Phone: 617-292-1000
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: 102,436,000
Free Float: N/A
Market Cap: $396.43 million
Optionable: Not Optionable
Beta: 0.33

Key Executives

Ms. Janet C. Smith (Age 57)
Principal Accounting Officer, VP and Assistant Treasurer

Mr. Michael J. Atkin
Portfolio Mang.

Mr. Michael Vincent Salm
Portfolio Mang.

Mr. Robert L. Davis
Portfolio Mang.

Mr. Brett S. Kozlowski C.F.A.
CFA, Portfolio Mang.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PPT Stock - Frequently Asked Questions

How have PPT shares performed in 2022?: Putnam Premier Income Trust's stock was trading at $4.27 at the start of the year. Since then, PPT shares have decreased by 9.4% and is now trading at $3.87.
View the best growth stocks for 2022 here.
Are investors shorting Putnam Premier Income Trust?: Putnam Premier Income Trust saw a drop in short interest in the month of July. As of July 31st, there was short interest totaling 88,600 shares, a drop of 62.9% from the July 15th total of 238,500 shares. Based on an average daily trading volume, of 203,700 shares, the days-to-cover ratio is currently 0.4 days.
View Putnam Premier Income Trust's Short Interest.
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 Thursday, August 4th. Investors of record on Friday, September 23rd will be given a dividend of $0.026 per share on Monday, October 3rd. This represents a $0.31 annualized dividend and a yield of 8.06%. The ex-dividend date is Thursday, September 22nd.
Read our dividend analysis for PPT.
Is Putnam Premier Income Trust a good dividend stock?: Putnam Premier Income Trust (NYSE:PPT) pays an annual dividend of $0.31 per share and currently has a dividend yield of 7.89%. PPT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for PPT.
What is Rob Adams' approval rating as Putnam Premier Income Trust's CEO?: 5 employees have rated Putnam Premier Income Trust Chief Executive Officer Rob Adams on Glassdoor.com. Rob Adams has an approval rating of 80% among the company's employees.

What other stocks do shareholders of Putnam Premier Income Trust own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Putnam Premier Income Trust investors own include AT&T (T), Energy Transfer (ET), AbbVie (ABBV), Enbridge (ENB), Verizon Communications (VZ), Wells Fargo & Company (WFC), Enterprise Products Partners (EPD), GSK (GSK), Pembina Pipeline (PBA) and Pfizer (PFE).
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."
Who are Putnam Premier Income Trust's major shareholders?: Putnam Premier Income Trust's stock is owned by a variety of retail and institutional investors. Top institutional investors include Sit Investment Associates Inc. (14.77%), Karpus Management Inc. (1.43%), Janney Montgomery Scott LLC (0.65%), Commonwealth Equity Services LLC (0.31%), Quad Cities Investment Group LLC (0.31%) and BerganKDV Wealth Management LLC (0.24%).
View institutional ownership trends.
How do I buy shares of Putnam Premier Income Trust?: Shares of PPT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Putnam Premier Income Trust's stock price today?: One share of PPT stock can currently be purchased for approximately $3.87.
How much money does Putnam Premier Income Trust make?: Putnam Premier Income Trust (NYSE:PPT) has a market capitalization of $396.43 million.
How can I contact Putnam Premier Income Trust?: The official website for the company is www.putnam.com. The investment management company can be reached via phone at 617-292-1000.

This page (NYSE:PPT) was last updated on 8/20/2022 by MarketBeat.com Staff

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