Putnam Master Intermediate Income Trust (NYSE:PIM - Get Free Report) declared a monthly dividend on Monday, February 10th,Wall Street Journal reports. Shareholders of record on Monday, February 24th will be given a dividend of 0.022 per share on Monday, March 3rd. This represents a $0.26 annualized dividend and a yield of 7.94%. The ex-dividend date is Monday, February 24th.
Putnam Master Intermediate Income Trust has raised its dividend payment by an average of 40.4% per year over the last three years.
Putnam Master Intermediate Income Trust Stock Up 0.2 %
NYSE PIM traded up $0.01 on Friday, hitting $3.33. 6,505 shares of the stock were exchanged, compared to its average volume of 46,479. The stock has a fifty day moving average price of $3.29 and a two-hundred day moving average price of $3.31. 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.
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