Putnam Master Intermediate Income Trust (PIM) recently announced a dividend of $0.022 per share, with the ex-dividend date set for May 19, 2025, and the payment date on May 30, 2025. This figure falls short of the average dividend per share of the last ten distributions, which stands at approximately $0.028. Previously, the company issued a dividend of $0.022 per share on Apr 30, 2025. Both dividends are categorized as cash dividends.
Recently, Putnam Master Intermediate Income Trust has been the subject of several significant news reports. Over the past week, analysts have suggested a stop-loss at $3.21, marking a slight decrease of 3.80%. This recommendation comes amidst low daily stock movements, indicating a relatively low-risk environment. Additionally, in recent updates, it's been estimated that $0.0167 of the dividend per share is derived from accumulated net investment income, with the remaining $0.0053 from other sources. These insights into the company’s dividend structure reflect its financial health and operational strategy. As of late, there has been a notable mention of key personnel associated with Putnam Investments, which manages the trust. This focus on leadership could influence investor confidence and, consequently, market performance.
Concluding the recent developments, investors should note that May 19, 2025, is the ex-dividend date for Putnam Master Intermediate Income Trust. This date serves as the final opportunity for investors to purchase shares and qualify for the upcoming dividend payout. Any acquisitions made after this date will not be eligible for the current dividend distribution.
Comments
No comments yet