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Putnam Premierome Trust (Putnam Premierome Trust) Dividend Payout Ratio : 0.78 (As of Jan. 2024)


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What is Putnam Premierome Trust Dividend Payout Ratio?

Putnam Premierome Trust's dividend payout ratio for the months ended in Jan. 2024 was 0.78.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Putnam Premier Income Trust is 1.54, which seems too high.

The historical rank and industry rank for Putnam Premierome Trust's Dividend Payout Ratio or its related term are showing as below:

PPT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.54   Med: 1.27   Max: 2.05
Current: 1.54

During the past 7 years, the highest Dividend Payout Ratio of Putnam Premierome Trust was 2.05. The lowest was 0.54. And the median was 1.27.

PPT's Dividend Payout Ratio is ranked worse than
80.32% of 950 companies
in the Asset Management industry
Industry Median: 0.8 vs PPT: 1.54

As of today (2024-05-16), the Dividend Yield % of Putnam Premierome Trust is 8.86%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Putnam Premierome Trust was 9.59%. The lowest was 5.69%. And the median was 8.13%.

Putnam Premierome Trust's Dividends per Share for the months ended in Jan. 2024 was $0.16.

During the past 3 years, the average Dividends Per Share Growth Rate was -9.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.70% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Putnam Premierome Trust was 10.40% per year. The lowest was -9.40% per year. And the median was -0.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Putnam Premierome Trust Dividend Payout Ratio Historical Data

The historical data trend for Putnam Premierome Trust's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Putnam Premierome Trust Dividend Payout Ratio Chart

Putnam Premierome Trust Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Dividend Payout Ratio
Get a 7-Day Free Trial 1.63 - 2.05 - -

Putnam Premierome Trust Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 78.00 0.78

Competitive Comparison of Putnam Premierome Trust's Dividend Payout Ratio

For the Asset Management subindustry, Putnam Premierome Trust's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Putnam Premierome Trust's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Putnam Premierome Trust's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Putnam Premierome Trust's Dividend Payout Ratio falls into.


Putnam Premierome Trust Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Putnam Premierome Trust's Dividend Payout Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jul. 2023 )/ EPS without NRI (A: Jul. 2023 )
=0.312/ 0
=N/A

Putnam Premierome Trust's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2024 )/ EPS without NRI (Q: Jan. 2024 )
=0.156/ 0.2
=0.78

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Putnam Premierome Trust (NYSE:PPT) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Putnam Premierome Trust Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Putnam Premierome Trust's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Putnam Premierome Trust (Putnam Premierome Trust) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Putnam Premier Income Trust (NYSE:PPT) » Definitions » Dividend Payout Ratio
Comparable Companies
VKI DFP KMF MCI FFA LEO AVK BRW DPG TYG BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
100 Federal Street, Boston, MA, USA, 02110
Website
https://www.putnam.com
Putnam Premier Income Trust is a Massachusetts business trust operating as a non-diversified closed-end management investment company. The fund is currently operating as a diversified fund. Its investment objective is to seek high current income consistent with the preservation of capital by allocating its investments to the U.S. government sector.
Executives
Stephen R Denny officer: Head HR- Diversity & Inclusion, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Manoj P Singh director PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Michael V Salm officer: Portfolio Manager/Putnam.Inv. PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Carlo Forcione officer: Head of Product and Strategy, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Catherine Saunders officer: Head,Corporate Sustainability, other: and Public Policy - Putnam Inv PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Mona Sutphen director 777 HIDDEN RIDGE, IRVING TX 75038
Jennifer Murphy director LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Marie Pillai director C/O PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Jacquelyn S Vanderbrug officer: Headof Sustainability Strategy, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Brendan T Murray officer: Head of Global Inv. Strategies, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Alan Mccormack officer: Vice President and, other: Derivatives Risk Manager PUTNAM INVESTMENTS, 16 ST. JAMES'S STREET, LONDON X0 SW1A 1ER
Martin Lemaire officer: Vice President and, other: Derivatives Risk Manager PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Steven P Mckay officer: Head of Global DCIO, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Kaitlin May officer: Head of Global Institutional, other: Management /Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Stephen J Tate officer: General Counsel, other: Chief Legal Officer/Putnam Inv PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110