Putnam Master Intermediate Income Trust (NYSE:PIM - Get Free Report) declared 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 annualized dividend and a dividend yield of 8.06%. The ex-dividend date of this dividend is Friday, November 22nd.
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 Price Performance
Putnam Master Intermediate Income Trust stock remained flat at $3.28 during midday trading on Tuesday. The company had a trading volume of 90,645 shares, compared to its average volume of 62,411. The business's 50 day moving average is $3.36 and its two-hundred day moving average is $3.26. Putnam Master Intermediate Income Trust has a 1 year low of $2.91 and a 1 year high of $3.45.
About Putnam Master Intermediate Income Trust
(
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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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