Franklin Premier Income Trust declares $0.026 dividend
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The fund seeks to provide high current income. The fund pursues its goal through asset allocation across three different fixed-income sectors: U.S. high-grade, high-yield, and international securities.
Putnam Premier Income trades on the NYSE stock market under the symbol PPT.
As of August 7, 2026, PPT stock price declined to $3.43 with 122,890 million shares trading.
PPT has a beta of 0.36, meaning it tends to be less sensitive to market movements. PPT has a correlation of 0.21 to the broad based SPY ETF.
PPT has a market cap of $327.80 million. This is considered a Small Cap stock.
In the last 3 years, PPT traded as high as $3.77 and as low as $3.25.
PPT has underperformed the market in the last year with a price return of +1.7% while the SPY ETF gained +23.4%. PPT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.5% and +2.0%, respectively, while the SPY returned +5.6% and +4.8%, respectively.
PPT support price is $3.42 and resistance is $3.46 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PPT shares will trade within this expected range on the day.