PPT Dividend History & Yield

Franklin Premier Income Trust · NYSE

Stock Financial Services Monthly payer High yield
$3.40
+0.00% today
as of Sep 9, 2026
TTM yield
9.18%
$0.312/share over the last 12 months
Forward yield
9.18%
$0.312/share indicated annual rate
Annual dividend
$0.312
per share, forward
Per payment
$0.026
per share, every month
Frequency
Monthly
12 payments a year
Next ex-dividend date
Sep 23, 2026 Declared
in 14 days
Next pay date
Oct 7, 2026
in 28 days
Last ex-dividend date
Aug 24, 2026
$0.026 per share
Payout ratio
101%
of earnings
Market cap
n/a
P/E 11.0
5y dividend CAGR
-1.6%
annualised, regular payments
Growth streak
0 yrs
no current streak
Years paying
38.4
since Apr 14, 1988
1y total return
+0.6%
price -7.9% + dividends 8.5%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Wed, Sep 23, 2026 (in 14 days) Oct 7, 2026 $0.026 $2.60 Declared
Sat, Oct 24, 2026 (in 45 days) Nov 7, 2026 $0.026 $2.60 Estimated
Tue, Nov 24, 2026 (in 76 days) Dec 8, 2026 $0.026 $2.60 Estimated
Fri, Dec 25, 2026 (in 107 days) Jan 8, 2027 $0.026 $2.60 Estimated
Mon, Jan 25, 2027 (in 138 days) Feb 8, 2027 $0.026 $2.60 Estimated
Thu, Feb 25, 2027 (in 169 days) Mar 11, 2027 $0.026 $2.60 Estimated
Sun, Mar 28, 2027 (in 200 days) Apr 11, 2027 $0.026 $2.60 Estimated
Wed, Apr 28, 2027 (in 231 days) May 12, 2027 $0.026 $2.60 Estimated
Sat, May 29, 2027 (in 262 days) Jun 12, 2027 $0.026 $2.60 Estimated
Tue, Jun 29, 2027 (in 293 days) Jul 13, 2027 $0.026 $2.60 Estimated
Fri, Jul 30, 2027 (in 324 days) Aug 13, 2027 $0.026 $2.60 Estimated
Mon, Aug 30, 2027 (in 355 days) Sep 13, 2027 $0.026 $2.60 Estimated

Estimated dates and amounts are projected from PPT's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $0.312 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from May 23, 2023 to Aug 24, 2026; most recent $0.026$0.00$0.015$0.03May 23, 2023: $0.026May '23Jun 22, 2023: $0.026Jul 21, 2023: $0.026Aug 23, 2023: $0.026Sep 21, 2023: $0.026Oct 23, 2023: $0.026Oct '23Nov 22, 2023: $0.026Dec 21, 2023: $0.026Jan 23, 2024: $0.026Feb 22, 2024: $0.026Mar 21, 2024: $0.026Mar '24Apr 23, 2024: $0.026May 23, 2024: $0.026Jun 24, 2024: $0.026Jul 24, 2024: $0.026Aug 23, 2024: $0.026Aug '24Sep 24, 2024: $0.026Oct 24, 2024: $0.026Nov 22, 2024: $0.026Dec 23, 2024: $0.026Jan 24, 2025: $0.026Jan '25Feb 24, 2025: $0.026Mar 17, 2025: $0.026Apr 17, 2025: $0.026May 19, 2025: $0.026Jun 16, 2025: $0.026Jun '25Jul 18, 2025: $0.026Aug 18, 2025: $0.026Sep 18, 2025: $0.026Oct 17, 2025: $0.026Nov 17, 2025: $0.026Nov '25Dec 15, 2025: $0.026Jan 23, 2026: $0.026Feb 20, 2026: $0.026Mar 24, 2026: $0.026Apr 23, 2026: $0.026Apr '26May 21, 2026: $0.026Jun 23, 2026: $0.026Jul 24, 2026: $0.026Aug 24, 2026: $0.026

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$0.25$0.502017: $0.312$0.31220172018: $0.347$0.34720182019: $0.42$0.4220192020: $0.411$0.41120202021: $0.312$0.31220212022: $0.312$0.31220222023: $0.312$0.31220232024: $0.312$0.31220242025: $0.312$0.31220252026 (YTD): $0.208$0.2082026 YTD

How much PPT do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month3,847$13,077$1,200
$500 / month19,231$65,385$6,000
$1,000 / month38,462$130,769$12,000

Based on the forward yield of 9.18%. $10,000 in PPT would currently pay about $918 a year ($76 a month on average). Model reinvestment and growth →

PPT dividend history

Ex-datePay dateAmountChange
Aug 24, 2026 $0.026 +0.0%
Jul 24, 2026 $0.026 +0.0%
Jun 23, 2026 $0.026 +0.0%
May 21, 2026 $0.026 +0.0%
Apr 23, 2026 $0.026 +0.0%
Mar 24, 2026 $0.026 +0.0%
Feb 20, 2026 $0.026 +0.0%
Jan 23, 2026 $0.026 +0.0%
Dec 15, 2025 $0.026 +0.0%
Nov 17, 2025 $0.026 +0.0%
Oct 17, 2025 $0.026 +0.0%
Sep 18, 2025 $0.026 +0.0%
Aug 18, 2025 $0.026 +0.0%
Jul 18, 2025 $0.026 +0.0%
Jun 16, 2025 $0.026 +0.0%
May 19, 2025 $0.026 +0.0%
Apr 17, 2025 $0.026 +0.0%
Mar 17, 2025 $0.026 +0.0%
Feb 24, 2025 $0.026 +0.0%
Jan 24, 2025 $0.026 +0.0%
Dec 23, 2024 $0.026 +0.0%
Nov 22, 2024 $0.026 +0.0%
Oct 24, 2024 $0.026 +0.0%
Sep 24, 2024 $0.026 +0.0%

PPT dividend increases & cuts

Market-wide changes →

No change to PPT's regular dividend detected in the last year of data.

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicModerate risk

PPT scores 45/100 on our yield-trap heuristic (moderate risk).

2 warning flags raised:

  • Payout ratio above 100% of earnings
  • Yield above 7%

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Franklin Premier Income Trust

Putnam Premier Income Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in the public fixed income markets across the globe. The fund primarily invests in U.S. high-grade and high-yield bonds with an average credit quality of BBB by S&P Corporation. It benchmarks the performance of its portfolio against the Barclays Capital Government Bond Index. Putnam Premier Income Trust was formed on February 29, 1988 and is domiciled in the United States.

Sector: Financial Services. Industry: Asset Management. First dividend on our records: Apr 14, 1988. 463 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

PPT dividend FAQ

When is PPT's next ex-dividend date?

PPT's next ex-dividend date is Sep 23, 2026 (in 14 days, declared by the company). You must own the shares before that date to receive the payment of about $0.026 per share, expected on Oct 7, 2026.

How often does PPT pay dividends?

PPT pays dividends every month, 12 times a year. The most recent payment was $0.026 per share with an ex-date of Aug 24, 2026.

What is PPT's dividend yield?

PPT's trailing 12-month dividend yield is 9.18%, based on $0.312 per share paid over the last year and a share price of $3.40. The forward yield, using the indicated annual rate of $0.312 per share, is 9.18%.

How much does PPT pay per share?

PPT pays about $0.026 per share each month, which works out to roughly $0.312 per share a year. 100 shares would collect about $31.20 a year.

Has PPT grown or cut its dividend?

Over the last 5 years the regular payout has shrunk at 1.6% a year (+0.0% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of PPT do I need to earn $100 a month?

At the current forward yield of 9.18%, you would need about 3,847 shares of PPT (roughly $13,077 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every month, so the monthly figure is an average.

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