Putnam Master Intermediate Income Trust (NYSE:PIM – Get Free Report) announced a monthly dividend on Tuesday, February 11th,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 7.98%. The ex-dividend date is Monday, February 24th.
Putnam Master Intermediate Income Trust has increased its dividend payment by an average of 40.4% per year over the last three years.
Putnam Master Intermediate Income Trust Stock Performance
Shares of PIM remained flat at $3.31 during midday trading on Tuesday. The stock had a trading volume of 40,412 shares, compared to its average volume of 43,660. Putnam Master Intermediate Income Trust has a one year low of $3.04 and a one year high of $3.45. The company’s 50 day moving average price is $3.29 and its two-hundred 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.
Featured Stories
- Five stocks we like better than Putnam Master Intermediate Income Trust
- How to Evaluate a Stock Before Buying
- META Stock: Insider Selling Ramps Up—What It Means for Investors
- Stock Market Upgrades: What Are They?
- 3 Chip Stocks Still Trading 50% Below Their 52-Week Highs
- How to Calculate Stock Profit
- U.S. Steel: Will Trump-Backed Nippon Investment Drive Upside?
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.
