Putnam Master Intermediate Income Trust (NYSE:PIM - Get Free Report) declared a monthly dividend on Wednesday, January 8th,Wall Street Journal reports. Shareholders of record on Friday, January 24th will be paid a dividend of 0.022 per share on Monday, February 3rd. This represents a $0.26 annualized dividend and a yield of 8.05%. The ex-dividend date is Friday, January 24th.
Putnam Master Intermediate Income Trust has increased its dividend by an average of 58.7% per year over the last three years.
Putnam Master Intermediate Income Trust Stock Performance
Shares of PIM stock remained flat at $3.28 during trading hours on Thursday. The company's stock had a trading volume of 33,314 shares, compared to its average volume of 29,403. The company's fifty day moving average is $3.27 and its 200 day moving average is $3.30. Putnam Master Intermediate Income Trust has a 52-week low of $3.04 and a 52-week high of $3.45.
Putnam Master Intermediate Income Trust Company Profile
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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.
Further Reading
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