Putnam Premier Income Trust (NYSE:PPT) declared a dividend on Wednesday, July 31st, NASDAQ reports. Investors of record on Tuesday, September 24th will be given a dividend of 0.035 per share by the investment management company on Tuesday, October 1st. The ex-dividend date of this dividend is Monday, September 23rd.
PPT stock opened at $5.31 on Friday. Putnam Premier Income Trust has a 1-year low of $4.56 and a 1-year high of $5.35. The business’s 50 day simple moving average is $5.27 and its 200 day simple moving average is $5.18.
In related news, insider D William Kohli sold 30,481 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $5.31, for a total transaction of $161,854.11. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
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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