Putnam Master Intermediate Income Trust (NYSE:PIM - Get Free Report) announced a monthly dividend on Monday, April 22nd, Wall Street Journal reports. Investors of record on Friday, May 24th will be given a dividend of 0.022 per share on Monday, June 3rd. This represents a $0.26 annualized dividend and a yield of 8.49%. The ex-dividend date is Thursday, May 23rd.
Putnam Master Intermediate Income Trust has decreased its dividend by an average of 9.1% per year over the last three years.
Putnam Master Intermediate Income Trust Trading Up 0.3 %
NYSE:PIM traded up $0.01 during mid-day trading on Monday, hitting $3.11. 43,703 shares of the company's stock were exchanged, compared to its average volume of 53,639. Putnam Master Intermediate Income Trust has a one year low of $2.90 and a one year high of $3.28. The business has a fifty day moving average price of $3.17 and a 200 day moving average price of $3.14.
About Putnam Master Intermediate Income Trust
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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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