Putnam Master Intermediate Income Trust (NYSE:PIM – Get Free Report) declared a monthly dividend on Monday, September 30th, Wall Street Journal reports. Investors of record on Thursday, October 24th will be given a dividend of 0.022 per share on Friday, November 1st. This represents a $0.26 annualized dividend and a dividend yield of 7.90%. The ex-dividend date is Thursday, October 24th.
Putnam Master Intermediate Income Trust has increased its dividend payment by an average of 9.5% annually over the last three years.
Putnam Master Intermediate Income Trust Stock Performance
NYSE:PIM opened at $3.34 on Tuesday. Putnam Master Intermediate Income Trust has a one year low of $2.90 and a one year high of $3.45. The business’s 50-day simple moving average is $3.36 and its 200 day simple moving average is $3.26.
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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