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Putnam Premierome Trust (Putnam Premierome Trust) Dividend Yield % : 8.87% (As of May. 16, 2024)


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What is Putnam Premierome Trust Dividend Yield %?

As of today (2024-05-16), the Trailing Annual Dividend Yield of Putnam Premierome Trust is 8.87%.

Good Sign:

Putnam Premier Income Trust stock dividend yield is close to 10-year high.

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

PPT' s Dividend Yield % Range Over the Past 10 Years
Min: 5.69   Med: 8.13   Max: 9.59
Current: 8.87

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

PPT's Dividend Yield % is ranked better than
75.02% of 1213 companies
in the Asset Management industry
Industry Median: 5.52 vs PPT: 8.87

Putnam Premierome Trust's Dividend Payout Ratio for the six 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.

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.

As of today (2024-05-16), the Forward Dividend Yield % of Putnam Premierome Trust is 8.87%.

Putnam Premierome Trust's Dividends per Share for the six 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 Yield % Historical Data

The historical data trend for Putnam Premierome Trust's Dividend Yield % 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 Yield % Chart

Putnam Premierome Trust Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Dividend Yield %
Get a 7-Day Free Trial 7.22 8.86 7.48 8.02 8.55

Putnam Premierome Trust Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.52 8.02 8.17 8.55 8.55

Competitive Comparison of Putnam Premierome Trust's Dividend Yield %

For the Asset Management subindustry, Putnam Premierome Trust's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % Distribution in the Asset Management Industry

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

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



Putnam Premierome Trust Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Putnam Premierome Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0260002024-04-232024-04-242024-05-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0260002024-03-212024-03-222024-04-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0260002024-02-222024-02-232024-03-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0260002024-01-232024-01-242024-02-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0260002023-12-212023-12-222024-01-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.0260002023-11-222023-11-242023-12-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0260002023-10-232023-10-242023-11-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0260002023-09-212023-09-222023-10-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.0260002023-08-232023-08-242023-09-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0260002023-07-212023-07-242023-08-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0260002023-06-222023-06-232023-07-03Cash DividendmonthlyUSD:USD 1.000000
USD 0.0260002023-05-232023-05-242023-06-01Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Putnam Premierome Trust's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.312/3.515
=8.88 %

Current Share Price is $3.515.
Putnam Premierome Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.312.

Putnam Premierome Trust's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.312/3.515
=8.88 %

Current Share Price is $3.515.
Putnam Premierome Trust's Dividends per Share for the forward twelve months is calculated as $0.026 * 12 = $0.312.

* 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 Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Putnam Premierome Trust Dividend Yield % Related Terms

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


Putnam Premierome Trust (Putnam Premierome Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Federal Street, Boston, MA, USA, 02110
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