Putnam Master Intermediate Income Trust (NYSE:PIM – Get Free Report) declared a monthly dividend on Friday, April 19th, Wall Street Journal reports. Stockholders of record on Friday, May 24th will be given a dividend of 0.022 per share on Monday, June 3rd. This represents a $0.26 annualized dividend and a dividend yield of 8.30%. The ex-dividend date is Thursday, May 23rd.
Putnam Master Intermediate Income Trust has increased its dividend payment by an average of 9.5% per year over the last three years.
Putnam Master Intermediate Income Trust Price Performance
Shares of NYSE PIM opened at $3.18 on Wednesday. Putnam Master Intermediate Income Trust has a 52-week low of $2.90 and a 52-week high of $3.28. The business has a 50-day moving average price of $3.16 and a 200 day moving average price of $3.16.
Putnam Master Intermediate Income Trust Company Profile
Putnam Master Intermediate 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 fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors.
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