Putnam Premier Income Trust (PPT) To Go Ex-Dividend on October 23rd

Putnam Premier Income Trust (NYSE:PPT) announced a monthly dividend on Wednesday, August 5th. Investors of record on Friday, October 23rd will be given a dividend of $0.0260 per share by the investment management company on Friday, October 30th. This represents a $0.31 dividend on an annualized basis and a yield of 9.6%. The ex-dividend date of this dividend is Friday, October 23rd.

Putnam Premier Income Trust Stock Down 0.8%

NYSE PPT opened at $3.27 on Wednesday. Putnam Premier Income Trust has a 1-year low of $3.21 and a 1-year high of $3.67. The stock’s 50 day moving average is $3.35 and its two-hundred day moving average is $3.42.

Putnam Premier Income Trust Company Profile

Putnam Premier Income Trust (NYSE:PPT) is a closed-end management investment company that seeks to provide investors with a high level of current income. The trust pursues its objective primarily by investing in a diversified portfolio of fixed-income securities.

Its portfolio may include corporate bonds, government and agency securities, mortgage- and asset-backed securities, and other debt instruments. The trust may invest in both investment-grade and below-investment-grade securities, including obligations issued by companies and governments outside the United States, giving it exposure to a range of domestic and international fixed-income markets.

Putnam Premier Income Trust is advised by Putnam Investment Management, a global asset-management firm and part of Franklin Resources.