Putnam Master Int. Income (NYSE:PIM) declared a monthly dividend on Tuesday, September 22nd, Wall Street Journal reports. Shareholders of record on Friday, October 23rd will be paid a dividend of 0.03 per share on Monday, November 2nd. This represents a $0.36 dividend on an annualized basis and a yield of 8.93%. The ex-dividend date of this dividend is Thursday, October 22nd.
Putnam Master Int. Income has increased its dividend payment by 15.4% over the last three years and has raised its dividend every year for the last 1 years.
Shares of Putnam Master Int. Income stock opened at $4.03 on Thursday. The company’s fifty day simple moving average is $4.18 and its two-hundred day simple moving average is $4.18. Putnam Master Int. Income has a 12-month low of $3.32 and a 12-month high of $4.91.
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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