Putnam Master Int. Income (NYSE:PIM) declared a monthly dividend on Tuesday, June 30th, Wall Street Journal reports. Shareholders of record on Friday, July 24th will be given a dividend of 0.03 per share on Monday, August 3rd. This represents a $0.36 dividend on an annualized basis and a yield of 8.82%. The ex-dividend date is Thursday, July 23rd.
PIM stock traded down $0.02 during trading on Tuesday, reaching $4.08. The stock had a trading volume of 276,630 shares, compared to its average volume of 219,165. Putnam Master Int. Income has a 52 week low of $3.32 and a 52 week high of $4.91. The stock’s 50 day moving average is $4.33 and its two-hundred day moving average is $4.44.
About Putnam Master Int. Income
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.
Further Reading: Quiet Period Expirations
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