Putnam Master Intermediate Income Trust (NYSE:PIM – Get Free Report) announced a monthly dividend on Wednesday, August 7th, Wall Street Journal reports. Stockholders of record on Tuesday, September 24th will be given a dividend of 0.022 per share on Tuesday, October 1st. This represents a $0.26 annualized dividend and a dividend yield of 8.12%. The ex-dividend date of this dividend is Tuesday, September 24th.
Putnam Master Intermediate Income Trust has increased its dividend by an average of 9.5% annually over the last three years.
Putnam Master Intermediate Income Trust Stock Performance
Putnam Master Intermediate Income Trust stock opened at $3.25 on Thursday. The firm’s 50-day simple moving average is $3.24 and its 200 day simple moving average is $3.20. Putnam Master Intermediate Income Trust has a fifty-two week low of $2.90 and a fifty-two week high of $3.36.
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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