Putnam Premier Income Trust Dividend
Dividend criteria checks 3/6
Putnam Premier Income Trust is a dividend paying company with a current yield of 9.02%. Next payment date is on 3rd June, 2024 with an ex-dividend date of 23rd May, 2024.
Key information
9.0%
Dividend yield
166%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | 03 Jun 24 |
| Ex dividend date | 23 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$0.19 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
PPT: Amortizing Return Of Principal Fund
Jul 20Putnam Premier Income Trust declares $0.026 dividend
Jan 27Putnam Premier Income Trust goes ex-dividend on Monday
Jan 20Putnam Premier Income Trust declares $0.026 dividend
Dec 12Putnam Premier Income Trust declares $0.026 dividend
Nov 09Putnam Premier Income Trust declares $0.026 dividend
Oct 25PPT: Putnam Announces A Share Repurchase Program
Oct 02Putnam Premier Income Trust declares $0.026 dividend
Sep 23Putnam Premier Income Trust declares $0.026 dividend
Sep 08Putnam Premier Income Trust goes ex-dividend tomorrow
Aug 22Putnam Premier Income Trust goes ex dividend tomorrow
Jul 20PPT Multisector Bond CEF - Only Buy A Dip
Oct 13Putnam Premier Income Trust declares $0.026 dividend
Jan 29Putnam Premier Income Trust declares $0.026 dividend
Nov 20Putnam Premier Income Trust declares $0.035 dividend
Nov 10Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PPT's dividends per share have been stable in the past 10 years.
Growing Dividend: PPT's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Putnam Premier Income Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PPT) | 9.0% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.4% |
| Analyst forecast in 3 Years (PPT) | n/a |
Notable Dividend: PPT's dividend (9.02%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: PPT's dividend (9.02%) is in the top 25% of dividend payers in the US market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (166.3%), PPT's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate PPT's cash payout ratio to determine if its dividend payments are covered by cash flows.