Putnam Master Intermediate Income Trust (NYSE:PIM – Get Free Report) declared a monthly dividend on Tuesday, April 8th, Wall Street Journal reports. Investors of record on Thursday, April 17th will be given a dividend of 0.022 per share on Wednesday, April 30th. This represents a $0.26 annualized dividend and a dividend yield of 8.21%. The ex-dividend date of this dividend is Thursday, April 17th.
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 1.1 %
Shares of PIM traded up $0.04 during mid-day trading on Tuesday, hitting $3.22. 103,158 shares of the company were exchanged, compared to its average volume of 59,857. The company has a 50 day moving average of $3.30 and a 200-day moving average of $3.30. Putnam Master Intermediate Income Trust has a 1-year low of $3.04 and a 1-year high of $3.45.
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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