Putnam Premier Income Trust (NYSE:PPT) Declares $0.03 Monthly Dividend

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Putnam Premier Income Trust (NYSE:PPT) announced a monthly dividend of $0.026 per share, payable on April 30th to shareholders of record on April 23rd, representing an annualized yield of about 8.6%. Shares traded down $0.01 to $3.62 on Monday, with a higher trading volume than average. The trust aims for current income and capital appreciation through a diversified portfolio of fixed-income and equity securities, employing leverage to enhance income potential.

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