Putnam Master Intermediate Income Trust (NYSE:PIM – Get Free Report) announced a monthly dividend on Monday, February 10th, Wall Street Journal reports. Investors of record on Monday, February 24th will be paid a dividend of 0.022 per share on Monday, March 3rd. This represents a $0.26 annualized dividend and a yield of 7.93%. The ex-dividend date of this dividend is Monday, February 24th.
Putnam Master Intermediate Income Trust has increased its dividend by an average of 40.4% annually over the last three years.
Putnam Master Intermediate Income Trust Stock Performance
Shares of PIM stock opened at $3.33 on Friday. Putnam Master Intermediate Income Trust has a 1-year low of $3.04 and a 1-year high of $3.45. The business has a 50-day moving average of $3.29 and a 200 day moving average of $3.31.
About Putnam Master Intermediate Income Trust
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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