Putnam Premier Income Trust (NYSE:PPT – Get Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.55 and traded as high as $3.72. Putnam Premier Income Trust shares last traded at $3.71, with a volume of 205,467 shares trading hands.
Putnam Premier Income Trust Price Performance
The company’s 50-day moving average is $3.64 and its 200 day moving average is $3.55.
Putnam Premier Income Trust Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Tuesday, September 24th will be given a $0.026 dividend. The ex-dividend date is Tuesday, September 24th. This represents a $0.31 dividend on an annualized basis and a yield of 8.42%.
Institutional Investors Weigh In On Putnam Premier Income Trust
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.
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