Putnam Master Intermediate Income Trust (NYSE:PIM – Get Free Report) announced a monthly dividend on Wednesday, August 7th, Wall Street Journal reports. Shareholders of record on Tuesday, September 24th will be paid a dividend of 0.022 per share on Tuesday, October 1st. This represents a $0.26 dividend on an annualized basis and a yield of 7.65%. The ex-dividend date is Tuesday, September 24th.
Putnam Master Intermediate Income Trust has raised its dividend 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 $3.45 on Monday. Putnam Master Intermediate Income Trust has a 1 year low of $2.90 and a 1 year high of $3.45. The company’s 50 day simple moving average is $3.33 and its 200 day simple moving average is $3.23.
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.
See Also
- Five stocks we like better than Putnam Master Intermediate Income Trust
- 3 Healthcare Dividend Stocks to Buy
- See Why Oracle’s Cloud Infrastructure Growth Demands Attention
- The How And Why of Investing in Oil Stocks
- Darden Restaurants Is on the Verge of a Significant Breakout
- Following Congress Stock Trades
- Onsemi Could Be Set Up For a Solid Rebound: Here’s Why
Receive News & Ratings for Putnam Master Intermediate Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Putnam Master Intermediate Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.