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Putnam Premierome Trust (Putnam Premierome Trust) 5-Year Yield-on-Cost %

: 8.28 (As of Today)
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Putnam Premierome Trust's yield on cost for the quarter that ended in Jan. 2024 was 8.28.


The historical rank and industry rank for Putnam Premierome Trust's 5-Year Yield-on-Cost % or its related term are showing as below:

PPT' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.22   Med: 7.42   Max: 8.8
Current: 8.28


During the past 7 years, Putnam Premierome Trust's highest Yield on Cost was 8.80. The lowest was 5.22. And the median was 7.42.


PPT's 5-Year Yield-on-Cost % is ranked better than
66.04% of 1216 companies
in the Asset Management industry
Industry Median: 6.05 vs PPT: 8.28

Competitive Comparison

For the Asset Management subindustry, Putnam Premierome Trust's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution

For the Asset Management industry and Financial Services sector, Putnam Premierome Trust's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Putnam Premierome Trust's 5-Year Yield-on-Cost % falls into.



Putnam Premierome Trust 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Putnam Premierome Trust is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Putnam Premierome Trust  (NYSE:PPT) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Putnam Premierome Trust 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Putnam Premierome Trust's 5-Year Yield-on-Cost % 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