Putnam Master Intermediate Income Trust: Key Dividend Details and Recent Developments before Jun 16, 2025

The Putnam Master Intermediate Income Trust (PIM) has announced its latest dividend details. The ex-dividend date is set for Jun 16, 2025, with the announcement made on Jun 6, 2025, and the payment scheduled for Jun 30, 2025. The dividend per share is $0.022, which is lower compared to the average of the last 10 dividends per share, which stands at approximately $0.028. The previous dividend, distributed on May 30, 2025, was also $0.022 per share. The dividend type on both occasions is a cash dividend.

Recently, significant developments have emerged regarding the Putnam Master Intermediate Income Trust. Over the past week, it was reported that Putnam Master Intermediate Income Trust (NYSE:PIM) announced a monthly dividend, with stockholders of record on Jun 16, 2025, eligible for the payment. This aligns with the company's consistent strategy of offering dividends to its investors, reinforcing its commitment to shareholder returns.

As of late, Citadel Advisors LLC has taken a notable position in the company, acquiring a new stake during the fourth quarter. This move is indicative of institutional interest and confidence in the trust's financial health and future prospects. Analysts have highlighted this acquisition as a positive signal, potentially influencing other investors to consider similar positions.

Since the last update, it is evident that Putnam Master Intermediate Income Trust has demonstrated resilience in maintaining its dividend payouts amidst fluctuating market conditions. The trust's annual dividend yield is reported at 7.76%, with an annual dividend of $0.26 per share. Such figures underscore the trust's ability to sustain attractive returns for its shareholders, further solidifying its standing in the investment community.

In conclusion, the upcoming ex-dividend date on Jun 16, 2025, marks the final opportunity for investors to purchase shares and be eligible for the forthcoming dividend. Any acquisitions made after this date will not qualify for the current dividend payout, emphasizing the need for timely investment decisions.