Putnam Master Intermediate Income Trust (NYSE:PIM – Get Free Report) announced a monthly dividend on Wednesday, January 8th,Wall Street Journal reports. Stockholders 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 dividend yield of 8.05%. The ex-dividend date of this dividend is Friday, January 24th.
Putnam Master Intermediate Income Trust has increased its dividend payment by an average of 58.7% per year over the last three years.
Putnam Master Intermediate Income Trust Stock Performance
Putnam Master Intermediate Income Trust stock opened at $3.28 on Friday. The business’s 50 day simple moving average is $3.27 and its 200 day simple moving average is $3.30. Putnam Master Intermediate Income Trust has a 12 month low of $3.04 and a 12 month high of $3.45.
About Putnam Master Intermediate Income Trust
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.
Read More
- Five stocks we like better than Putnam Master Intermediate Income Trust
- 2 Rising CRM Platform Stocks That Can Surge Higher in 2025
- Zymeworks in Focus for Insider Activity: Catalysts Ahead
- When to Sell a Stock for Profit or Loss
- Kura Sushi Stock Dips Into a Hot Buying Opportunity
- ESG Stocks, What Investors Should Know
- MercadoLibre: Latin America’s Digital Titan Just Got Cheaper
Receive News & Ratings for Putnam Master Intermediate Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Putnam Master Intermediate Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.
