Putnam Premier Income Trust (NYSE:PPT – Get Free Report) declared a monthly dividend on Wednesday, August 5th. Shareholders of record on Friday, October 23rd will be given a dividend of 0.026 per share by the investment management company on Friday, October 30th. This represents a c) dividend on an annualized basis and a dividend yield of 9.1%. The ex-dividend date of this dividend is Friday, October 23rd.
Putnam Premier Income Trust Trading Down 0.1%
NYSE:PPT opened at $3.42 on Thursday. The company has a fifty day moving average of $3.44 and a 200-day moving average of $3.51. Putnam Premier Income Trust has a twelve month low of $3.37 and a twelve month high of $3.77.
Putnam Premier Income Trust Company Profile
Putnam Premier Income Trust (NYSE:PPT) is a diversified closed-end management investment company that seeks to provide current income with a secondary objective of capital appreciation. The trust pursues income through a portfolio of domestic and international fixed-income and equity securities, including high-yield corporate bonds, investment-grade debt, preferred securities and dividend-paying stocks. Its investment strategy emphasizes diversification across credit quality, sector and geography to balance income generation with risk management.
The fund employs leverage, including borrowing and preferred shares, to enhance its income potential within regulatory limits.
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