Putnam High Income (NYSE:PCF) announced a monthly dividend on Monday, January 29th, Wall Street Journal reports. Stockholders of record on Friday, March 23rd will be paid a dividend of 0.0283 per share by the financial services provider on Monday, April 2nd. This represents a $0.34 dividend on an annualized basis and a dividend yield of 3.74%. The ex-dividend date is Thursday, March 22nd.
Putnam High Income has decreased its dividend by an average of 3.5% per year over the last three years.
Putnam High Income stock traded down $0.02 during mid-day trading on Thursday, hitting $9.07. The stock had a trading volume of 21,098 shares, compared to its average volume of 30,636. Putnam High Income has a one year low of $8.60 and a one year high of $9.31.
In other Putnam High Income news, major shareholder Bulldog Investors, Llc bought 13,750 shares of the firm’s stock in a transaction dated Tuesday, January 16th. The shares were purchased at an average cost of $9.10 per share, for a total transaction of $125,125.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders have bought a total of 305,596 shares of company stock worth $2,782,313 over the last 90 days. Corporate insiders own 0.05% of the company’s stock.
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Putnam High Income Company Profile
There is no company description available for Putnam High Income Securities Fund.
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