Putnam Master Intermediate Income Trust (NYSE:PIM – Get Free Report) declared a monthly dividend on Monday, February 10th,Wall Street Journal reports. Stockholders of record on Monday, February 24th will be paid a dividend of 0.022 per share on Monday, March 3rd. This represents a $0.26 annualized dividend and a dividend yield of 7.98%. The ex-dividend date is Monday, February 24th.
Putnam Master Intermediate Income Trust has raised its dividend by an average of 40.4% annually over the last three years.
Putnam Master Intermediate Income Trust Stock Performance
PIM opened at $3.31 on Wednesday. Putnam Master Intermediate Income Trust has a 12 month low of $3.04 and a 12 month high of $3.45. The stock’s 50 day moving average price is $3.29 and its 200 day moving average price is $3.31.
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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