Putnam Master Intermediate Income Trust (NYSE:PIM – Get Free Report) announced a monthly dividend on Monday, October 28th,Wall Street Journal reports. Stockholders of record on Friday, November 22nd will be paid a dividend of 0.022 per share on Monday, December 2nd. This represents a $0.26 dividend on an annualized basis and a dividend yield of 8.17%. The ex-dividend date is Friday, November 22nd.
Putnam Master Intermediate Income Trust has increased its dividend by an average of 9.5% per year over the last three years.
Putnam Master Intermediate Income Trust Stock Performance
Putnam Master Intermediate Income Trust stock opened at $3.23 on Thursday. The stock has a 50-day simple moving average of $3.34 and a 200 day simple moving average of $3.28. Putnam Master Intermediate Income Trust has a 52 week low of $3.01 and a 52 week high of $3.45.
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.
Featured Stories
- Five stocks we like better than Putnam Master Intermediate Income Trust
- How to Use the MarketBeat Excel Dividend Calculator
- Is Biotech’s Bull Run Over? Examining Election Impacts
- How to Invest in the Best Canadian Stocks
- 3 Stocks Generating a Ridiculous Amount of Cash
- 3 Fintech Stocks With Good 2021 Prospects
- Dividend Growth Meets Chips: Top 3 Semiconductor Stocks to Watch
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.
