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

Putnam Premier Income Trust (NYSE:PPT) announced a monthly dividend on Thursday, November 20th. Stockholders of record on Friday, February 20th will be given a dividend of 0.026 per share by the investment management company on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 8.8%. The ex-dividend date of this dividend is Friday, February 20th.

Putnam Premier Income Trust Trading Up 0.3%

Shares of PPT stock traded up $0.01 on Thursday, reaching $3.55. 182,910 shares of the stock were exchanged, compared to its average volume of 196,261. Putnam Premier Income Trust has a one year low of $3.40 and a one year high of $3.77. The stock has a 50 day moving average price of $3.66 and a 200 day moving average price of $3.66.

Putnam Premier Income Trust Company Profile

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.