Dividend Information About Putnam Master Intermediate Income Trust: Everything You Need to Know Before Its Ex-Dividend Date on Oct 17, 2025

Putnam Master Intermediate Income Trust (PIM) has recently announced a cash dividend of $0.02200000 per share, with an ex-dividend date set for Oct 17, 2025. The dividend was officially declared on Aug 7, 2025, and will be distributed on Oct 31, 2025. This upcoming payout is slightly lower than the average of the last 10 dividend amounts, which stood at approximately $0.027659 per share. Investors should note that the last dividend was also $0.02200000 per share, distributed on Sep 30, 2025, and was also in the form of a cash dividend. This consistency in the amount suggests some stability in the fund’s dividend strategy, though the recent announcement indicates a potential slight reduction compared to the average historical payout. The fund remains a key player in the closed-end fund market, offering a steady income stream to its shareholders.

Over the past week, several key developments have shaped the landscape for PIM and similar fixed-income trusts. Analysts indicated that the fund’s yield remains at a relatively high level, currently standing at 7.79%, reflecting its attractiveness to income-focused investors. The fund has shown a modest decline in price, with a recent closing at $3.39, marking a -2.3% change from the previous period. This aligns with broader trends in the closed-end fund market, where yields remain elevated amid shifting interest rate expectations. Additionally, recent reports highlighted a renewed focus on the fund’s premium/discount dynamics, with PIM currently trading at a -2.0% discount to its net asset value. This has sparked discussions among investors about the potential for a valuation correction in the near term. Meanwhile, industry observers noted that the broader fixed-income trust sector continues to attract attention due to its defensive characteristics and yield advantages, particularly in the current macroeconomic climate.

As of late, the market remains focused on the performance of PIM and its peers, with recent updates underscoring the fund’s strong position in the fixed-income space. Investors are closely monitoring its dividend policy and asset allocation strategy, particularly as it relates to its ability to maintain consistent payouts amid economic uncertainty. With the ex-dividend date set for Oct 17, 2025, investors should be aware that this is the last day to purchase shares and be eligible for the upcoming dividend of $0.02200000 per share. Any purchase made after this date will not qualify for the dividend distribution.