Putnam Premier Income Trust (PPT) To Go Ex-Dividend on December 15th

Putnam Premier Income Trust (NYSE:PPT) declared a monthly dividend on Thursday, November 20th. Shareholders of record on Monday, December 15th will be paid a dividend of 0.026 per share by the investment management company on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 8.8%. The ex-dividend date of this dividend is Monday, December 15th.

Putnam Premier Income Trust Stock Down 0.7%

Shares of PPT traded down $0.03 during midday trading on Friday, reaching $3.54. 200,806 shares of the stock were exchanged, compared to its average volume of 224,686. Putnam Premier Income Trust has a twelve month low of $3.40 and a twelve month high of $3.77. The stock’s 50 day simple moving average is $3.62 and its 200 day simple moving average is $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.