PIM Putnam Master Intermediate Income Trust — distribution yield, history & ex-dividend dates
$3.08
▼
$-0.02(-0.65%)
as of Sep 13, 2026 06:20 UTC
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Established in the United States on April 29, 1988, Putnam Master Intermediate Income Trust operates as a closed-end mutual fund dedicated to fixed-income investments. The fund is primarily overseen by Putnam Investment Management, LLC, with co-management responsibilities held by Putnam Investments Limited. It strategically allocates capital within the U.S. fixed income markets, specifically targeting bonds issued by diverse companies across various sectors. The performance of its portfolio is measured against the Barclays Capital Government/Credit Bond Index.
Distribution Snapshot
StatusFlat
Latest Distribution$0.0220
Forward Annual$0.26
FrequencyMonthly
Last Ex-DateNov 20, 2026
Next Ex-DateSep 23, 2026
Next Pay DateSep 30, 2026
1-Yr Growth0.0%
10-Yr Growth-1.7%
Key Metrics
Distribution Yield
8.57%
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Distribution
$0.2640
The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.Frequency
M Monthly
How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.Rank Score
44.0
Our 0-100 house score blending yield, payout safety, growth and momentum. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.RSI (14)
35
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$3.08 – $3.50
The lowest and highest price over the past year — shows where today's price sits in its recent range.Payout Ratio
n/a
The share of GAAP earnings paid out as dividends. Lower leaves more cushion; above 100% means paying out more than the company earns. It shows n/a for BDCs, REITs and funds, which pay out of cash flow / net investment income rather than GAAP earnings, so this ratio doesn't apply.Years Paying
38
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book
1.01
Price-to-book ratio: share price divided by book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
S
Solid
Below the Solid check (model rank 70+ and yield 2%+): rank 44/100, yield 8.57%.
A
Accelerating
Dividend growth has stalled — 0 consecutive annual increase(s), under the 3 this check looks for.
F
Flawless
A dividend cut or reduction appears in the record.
E
Enduring
38 years of dividend payments on record.
Quote & Key Data
ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume16,139How many shares changed hands in the latest session — a rough read on trading activity.
Open$3.10The price at the start of the latest trading session.
Day Range$3.07 – $3.12The lowest and highest price during the latest trading session.
Prev Close$3.10The closing price from the previous trading session.
Market Cap$169.31MThe company's total market value: share price times shares outstanding.
Shares Out54.97MThe total number of shares the company has issued.
EPSn/aEarnings per share — profit divided by shares outstanding. Dividends are paid out of these earnings.
P/En/aPrice-to-earnings ratio: share price divided by earnings per share. A rough gauge of how richly the stock is valued.
Ex-DistributionNov 20, 2026Buy before this date to receive the upcoming payment. Buy on or after it and the seller keeps that one.
Pay DateNov 30, 2026The date the dividend is actually paid into shareholders' accounts.
Distribution Growth
3-Yr Growth (CAGR)0.0%The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
5-Yr Growth (CAGR)-7.1%The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
Consecutive Increases0 yrsThe number of years in a row the dividend has increased — a track record of reliability.
Why the Yield Moved (90 Days)
PIM's distribution yield rose from 8.25% to 8.57% over the past ~90 days (+0.32 pp). Of that move, +0.00 pp came from changes in the distribution rate and +0.32 pp from the share price ($3.20 → $3.08). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Current8.57%
1-Yr Average8.10%
Low / High7.54% – 8.57%
Percentile100%
Across 335 daily observations over the past 16 months, PIM's current yield is higher than approximately 100% of them. Our stored price history for PIM covers the past 16 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Distribution History
Distribution Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.0220 M | Regular | Aug 05, 2026 | Nov 20, 2026 | Nov 20, 2026 | Nov 30, 2026 |
| $0.0220 M | Regular | Aug 05, 2026 | Oct 23, 2026 | Oct 23, 2026 | Oct 30, 2026 |
| $0.0220 M | Regular | Aug 05, 2026 | Sep 23, 2026 | Sep 23, 2026 | Sep 30, 2026 |
| $0.0220 M | Regular | May 14, 2026 | Aug 24, 2026 | Aug 24, 2026 | Aug 31, 2026 |
| $0.0220 M | Regular | May 14, 2026 | Jul 24, 2026 | Jul 24, 2026 | Jul 31, 2026 |
| $0.0220 M | Regular | May 14, 2026 | Jun 23, 2026 | Jun 23, 2026 | Jun 30, 2026 |
| $0.0220 M | Regular | Feb 23, 2026 | May 21, 2026 | May 21, 2026 | May 29, 2026 |
| $0.0220 M | Regular | Feb 23, 2026 | Apr 23, 2026 | Apr 23, 2026 | Apr 30, 2026 |
| $0.0220 M | Regular | Feb 23, 2026 | Mar 24, 2026 | Mar 24, 2026 | Mar 31, 2026 |
| $0.0220 M | Regular | Nov 20, 2025 | Feb 20, 2026 | Feb 20, 2026 | Feb 27, 2026 |
| $0.0220 M | Regular | Nov 20, 2025 | Jan 23, 2026 | Jan 23, 2026 | Jan 30, 2026 |
| $0.0220 M | Regular | Nov 20, 2025 | Dec 15, 2025 | Dec 15, 2025 | Dec 31, 2025 |
| $0.0220 M | Regular | Aug 07, 2025 | Nov 17, 2025 | Nov 17, 2025 | Nov 28, 2025 |
| $0.0220 M | Regular | Aug 07, 2025 | Oct 17, 2025 | Oct 17, 2025 | Oct 31, 2025 |
| $0.0220 M | Regular | Aug 07, 2025 | Sep 18, 2025 | Sep 18, 2025 | Sep 30, 2025 |
| $0.0220 M | Regular | Aug 07, 2025 | Aug 18, 2025 | Aug 18, 2025 | Aug 29, 2025 |
| $0.0220 M | Regular | Jul 08, 2025 | Jul 18, 2025 | Jul 18, 2025 | Jul 31, 2025 |
| $0.0220 M | Regular | Jun 06, 2025 | Jun 16, 2025 | Jun 16, 2025 | Jun 30, 2025 |
| $0.0220 M | Regular | May 07, 2025 | May 19, 2025 | May 19, 2025 | May 30, 2025 |
| $0.0220 M | Regular | Apr 07, 2025 | Apr 17, 2025 | Apr 17, 2025 | Apr 30, 2025 |
| $0.0220 M | Regular | Mar 07, 2025 | Mar 17, 2025 | Mar 17, 2025 | Mar 31, 2025 |
| $0.0220 M | Regular | Feb 10, 2025 | Feb 24, 2025 | Feb 24, 2025 | Mar 03, 2025 |
| $0.0220 M | Regular | Jan 08, 2025 | Jan 24, 2025 | Jan 24, 2025 | Feb 03, 2025 |
| $0.0220 M | Regular | Dec 09, 2024 | Dec 23, 2024 | Dec 23, 2024 | Jan 02, 2025 |
| $0.0220 M | Regular | Oct 28, 2024 | Nov 22, 2024 | Nov 22, 2024 | Dec 02, 2024 |
| $0.0220 M | Regular | Sep 30, 2024 | Oct 24, 2024 | Oct 24, 2024 | Nov 01, 2024 |
| $0.0220 M | Regular | Aug 06, 2024 | Sep 24, 2024 | Sep 24, 2024 | Oct 01, 2024 |
| $0.0220 M | Regular | Aug 06, 2024 | Aug 23, 2024 | Aug 23, 2024 | Sep 03, 2024 |
| $0.0220 M | Regular | Jul 01, 2024 | Jul 24, 2024 | Jul 24, 2024 | Aug 01, 2024 |
| $0.0220 M | Regular | May 20, 2024 | Jun 24, 2024 | Jun 24, 2024 | Jul 01, 2024 |
| $0.0220 M | Regular | Apr 19, 2024 | May 23, 2024 | May 24, 2024 | Jun 03, 2024 |
| $0.0220 M | Regular | Mar 25, 2024 | Apr 23, 2024 | Apr 24, 2024 | May 01, 2024 |
| $0.0220 M | Regular | Jan 29, 2024 | Mar 21, 2024 | Mar 22, 2024 | Apr 01, 2024 |
| $0.0220 M | Regular | Jan 29, 2024 | Feb 22, 2024 | Feb 23, 2024 | Mar 01, 2024 |
| $0.0220 M | Regular | Nov 17, 2023 | Jan 23, 2024 | Jan 24, 2024 | Feb 01, 2024 |
| $0.0220 M | Regular | Nov 17, 2023 | Dec 21, 2023 | Dec 22, 2023 | Jan 02, 2024 |
| $0.0220 M | Regular | Oct 27, 2023 | Nov 22, 2023 | Nov 24, 2023 | Dec 01, 2023 |
| $0.0220 M | Regular | Sep 29, 2023 | Oct 23, 2023 | Oct 24, 2023 | Nov 01, 2023 |
| $0.0220 M | Regular | Aug 01, 2023 | Sep 21, 2023 | Sep 22, 2023 | Oct 02, 2023 |
| $0.0220 M | Regular | Aug 01, 2023 | Aug 23, 2023 | Aug 24, 2023 | Sep 01, 2023 |
| $0.0220 M | Regular | Jun 23, 2023 | Jul 21, 2023 | Jul 24, 2023 | Aug 01, 2023 |
| $0.0220 M | Regular | May 19, 2023 | Jun 22, 2023 | Jun 23, 2023 | Jul 03, 2023 |
| $0.0220 M | Regular | Apr 21, 2023 | May 23, 2023 | May 24, 2023 | Jun 01, 2023 |
| $0.0220 M | Regular | Mar 24, 2023 | Apr 21, 2023 | Apr 24, 2023 | May 01, 2023 |
| $0.0220 M | Regular | Jan 27, 2023 | Mar 23, 2023 | Mar 24, 2023 | Apr 03, 2023 |
| $0.0220 M | Regular | Jan 27, 2023 | Feb 22, 2023 | Feb 23, 2023 | Mar 01, 2023 |
| $0.0220 M | Regular | Nov 18, 2022 | Jan 23, 2023 | Jan 24, 2023 | Feb 01, 2023 |
| $0.0220 M | Regular | Nov 18, 2022 | Dec 22, 2022 | Dec 23, 2022 | Jan 03, 2023 |
| $0.0220 M | Regular | Oct 21, 2022 | Nov 22, 2022 | Nov 23, 2022 | Dec 01, 2022 |
| $0.0220 M | Regular | Sep 23, 2022 | Oct 21, 2022 | Oct 24, 2022 | Nov 01, 2022 |
| $0.0220 M | Regular | Jul 29, 2022 | Sep 22, 2022 | Sep 23, 2022 | Oct 03, 2022 |
| $0.0220 M | Regular | Jul 29, 2022 | Aug 23, 2022 | Aug 24, 2022 | Sep 01, 2022 |
| $0.0220 M | Regular | Jun 24, 2022 | Jul 21, 2022 | Jul 22, 2022 | Aug 01, 2022 |
| $0.0220 M | Regular | May 20, 2022 | Jun 23, 2022 | Jun 24, 2022 | Jul 01, 2022 |
| $0.0220 M | Regular | Apr 22, 2022 | May 23, 2022 | May 24, 2022 | Jun 01, 2022 |
| $0.0220 M | Regular | Mar 25, 2022 | Apr 21, 2022 | Apr 22, 2022 | May 02, 2022 |
| $0.0220 M | Regular | Jan 28, 2022 | Mar 23, 2022 | Mar 24, 2022 | Apr 01, 2022 |
| $0.0220 M | Regular | Jan 28, 2022 | Feb 22, 2022 | Feb 23, 2022 | Mar 01, 2022 |
| $0.0220 M | Regular | Nov 19, 2021 | Jan 21, 2022 | Jan 24, 2022 | Feb 01, 2022 |
| $0.0220 M | Regular | Nov 19, 2021 | Dec 22, 2021 | Dec 23, 2021 | Jan 03, 2022 |
| $0.0220 M | Regular | Oct 29, 2021 | Nov 22, 2021 | Nov 23, 2021 | Dec 01, 2021 |
| $0.0220 M | Regular | Sep 24, 2021 | Oct 21, 2021 | Oct 22, 2021 | Nov 01, 2021 |
| $0.0220 M | Regular | Aug 02, 2021 | Sep 23, 2021 | Sep 24, 2021 | Oct 01, 2021 |
| $0.0220 M | Regular | Aug 02, 2021 | Aug 23, 2021 | Aug 24, 2021 | Sep 01, 2021 |
| $0.0220 M | Regular | Jun 25, 2021 | Jul 22, 2021 | Jul 23, 2021 | Aug 02, 2021 |
| $0.0220 M | Regular | May 21, 2021 | Jun 23, 2021 | Jun 24, 2021 | Jul 01, 2021 |
| $0.0220 M | Regular | Apr 23, 2021 | May 21, 2021 | May 24, 2021 | Jun 01, 2021 |
| $0.0220 M | Regular | Mar 26, 2021 | Apr 22, 2021 | Apr 23, 2021 | May 03, 2021 |
| $0.0220 M | Regular | Jan 29, 2021 | Mar 23, 2021 | Mar 24, 2021 | Apr 01, 2021 |
| $0.0220 M | Regular | Jan 29, 2021 | Feb 22, 2021 | Feb 23, 2021 | Mar 01, 2021 |
| $0.0220 M | Regular | Nov 20, 2020 | Jan 21, 2021 | Jan 22, 2021 | Feb 01, 2021 |
| $0.0220 M | Regular | Nov 20, 2020 | Dec 22, 2020 | Dec 23, 2020 | Jan 04, 2021 |
| $0.0300 M | Regular | Oct 16, 2020 | Nov 23, 2020 | Nov 24, 2020 | Dec 01, 2020 |
| $0.0300 M | Regular | Sep 18, 2020 | Oct 22, 2020 | Oct 23, 2020 | Nov 02, 2020 |
| $0.0300 M | Regular | Aug 05, 2020 | Sep 23, 2020 | Sep 24, 2020 | Oct 01, 2020 |
| $0.0300 M | Regular | Aug 05, 2020 | Aug 21, 2020 | Aug 24, 2020 | Sep 01, 2020 |
| $0.0300 M | Regular | Jun 26, 2020 | Jul 23, 2020 | Jul 24, 2020 | Aug 03, 2020 |
| $0.0300 M | Regular | May 15, 2020 | Jun 23, 2020 | Jun 24, 2020 | Jul 01, 2020 |
| $0.0300 M | Regular | Apr 17, 2020 | May 21, 2020 | May 22, 2020 | Jun 01, 2020 |
| $0.0300 M | Regular | Mar 20, 2020 | Apr 23, 2020 | Apr 24, 2020 | May 01, 2020 |
| $0.0300 M | Regular | Jan 24, 2020 | Mar 23, 2020 | Mar 24, 2020 | Apr 01, 2020 |
| $0.0300 M | Regular | Jan 24, 2020 | Feb 21, 2020 | Feb 24, 2020 | Mar 02, 2020 |
| $0.0300 M | Regular | Nov 22, 2019 | Jan 23, 2020 | Jan 24, 2020 | Feb 03, 2020 |
| $0.0300 M | Regular | Nov 22, 2019 | Dec 20, 2019 | Dec 23, 2019 | Jan 02, 2020 |
| $0.0300 M | Regular | Oct 18, 2019 | Nov 21, 2019 | Nov 22, 2019 | Dec 02, 2019 |
| $0.0300 M | Regular | Sep 20, 2019 | Oct 23, 2019 | Oct 24, 2019 | Nov 01, 2019 |
| $0.0300 M | Regular | Jul 31, 2019 | Sep 23, 2019 | Sep 24, 2019 | Oct 01, 2019 |
| $0.0300 M | Regular | Jul 31, 2019 | Aug 22, 2019 | Aug 23, 2019 | Sep 03, 2019 |
| $0.0300 M | Regular | Jun 28, 2019 | Jul 23, 2019 | Jul 24, 2019 | Aug 01, 2019 |
| $0.0300 M | Regular | May 17, 2019 | Jun 21, 2019 | Jun 24, 2019 | Jul 01, 2019 |
| $0.0300 M | Regular | Apr 12, 2019 | May 23, 2019 | May 24, 2019 | Jun 03, 2019 |
| $0.0300 M | Regular | Apr 12, 2019 | Apr 23, 2019 | Apr 24, 2019 | May 01, 2019 |
| $0.0300 M | Regular | Jan 25, 2019 | Mar 21, 2019 | Mar 22, 2019 | Apr 01, 2019 |
| $0.0300 M | Regular | Jan 25, 2019 | Feb 21, 2019 | Feb 22, 2019 | Mar 01, 2019 |
| $0.0300 M | Regular | Nov 16, 2018 | Jan 23, 2019 | Jan 24, 2019 | Feb 01, 2019 |
| $0.0300 M | Regular | Nov 16, 2018 | Dec 20, 2018 | Dec 21, 2018 | Jan 02, 2019 |
| $0.0220 M | Regular | Oct 19, 2018 | Nov 26, 2018 | Nov 23, 2018 | Dec 03, 2018 |
| $0.0220 M | Regular | Sep 14, 2018 | Oct 23, 2018 | Oct 24, 2018 | Nov 01, 2018 |
| $0.0220 M | Regular | Sep 14, 2018 | Sep 21, 2018 | Sep 24, 2018 | Oct 01, 2018 |
| $0.0220 M | Regular | Aug 03, 2018 | Aug 23, 2018 | Aug 24, 2018 | Sep 04, 2018 |
| $0.0220 M | Regular | Jun 29, 2018 | Jul 23, 2018 | Jul 24, 2018 | Aug 01, 2018 |
| $0.0220 M | Regular | May 18, 2018 | Jun 21, 2018 | Jun 22, 2018 | Jul 02, 2018 |
| $0.0250 M | Regular | Apr 20, 2018 | May 23, 2018 | May 24, 2018 | Jun 01, 2018 |
| $0.0250 M | Regular | Mar 16, 2018 | Apr 23, 2018 | Apr 24, 2018 | May 01, 2018 |
| $0.0260 M | Regular | Jan 26, 2018 | Mar 22, 2018 | Mar 23, 2018 | Apr 02, 2018 |
| $0.0260 M | Regular | Jan 26, 2018 | Feb 22, 2018 | Feb 23, 2018 | Mar 01, 2018 |
| $0.0260 M | Regular | Nov 17, 2017 | Jan 23, 2018 | Jan 24, 2018 | Feb 01, 2018 |
| $0.0260 M | Regular | Nov 17, 2017 | Dec 21, 2017 | Dec 22, 2017 | Jan 02, 2018 |
| $0.0260 M | Regular | Oct 20, 2017 | Nov 22, 2017 | Nov 24, 2017 | Dec 01, 2017 |
| $0.0260 M | Regular | Sep 15, 2017 | Oct 23, 2017 | Oct 24, 2017 | Nov 01, 2017 |
| $0.0260 M | Regular | Aug 09, 2017 | Sep 21, 2017 | Sep 22, 2017 | Oct 02, 2017 |
| $0.0260 M | Regular | Aug 09, 2017 | Aug 22, 2017 | Aug 24, 2017 | Sep 01, 2017 |
| $0.0260 M | Regular | Jun 23, 2017 | Jul 20, 2017 | Jul 24, 2017 | Aug 01, 2017 |
| $0.0260 M | Regular | May 19, 2017 | Jun 21, 2017 | Jun 23, 2017 | Jul 03, 2017 |
| $0.0260 M | Regular | Apr 21, 2017 | May 22, 2017 | May 24, 2017 | Jun 01, 2017 |
| $0.0260 M | Regular | Mar 17, 2017 | Apr 20, 2017 | Apr 24, 2017 | May 01, 2017 |
| $0.0260 M | Regular | Jan 27, 2017 | Mar 22, 2017 | Mar 24, 2017 | Apr 03, 2017 |
| $0.0260 M | Regular | Jan 27, 2017 | Feb 21, 2017 | Feb 23, 2017 | Mar 01, 2017 |
| $0.0260 M | Regular | Nov 18, 2016 | Jan 20, 2017 | Jan 24, 2017 | Feb 01, 2017 |
| $0.0260 M | Regular | Nov 18, 2016 | Dec 21, 2016 | Dec 23, 2016 | Jan 03, 2017 |
Peer Comparison
Selected closed-end fund distribution payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| ADKT | The Adirondack Trust Company | 4.61% | 11.3% | 5 yrs | 81 |
| FCR-UN.TO | First Capital Real Estate Investment Trust | 4.03% | 0.6% | 1 yr | 79 |
| SOR | Source Capital, Inc. | 5.42% | 8.8% | 0 yrs | 78 |
| STEW | SRH Total Return Fund, Inc. | 4.36% | 10.1% | 4 yrs | 78 |
Related Guides & Lists
PIM dividend — frequently asked questions
Does Putnam Master Intermediate Income Trust pay a dividend?
Yes. Putnam Master Intermediate Income Trust (PIM) currently pays a dividend. The annualized dividend is about $0.26 per share, a yield of approximately 8.57%.
What is Putnam Master Intermediate Income Trust's dividend yield?
Putnam Master Intermediate Income Trust's dividend yield is approximately 8.57%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does Putnam Master Intermediate Income Trust pay dividends?
Putnam Master Intermediate Income Trust pays dividends monthly — 12 times per year.
When is Putnam Master Intermediate Income Trust's next ex-dividend date?
The next ex-dividend date on record for Putnam Master Intermediate Income Trust is September 23, 2026. The associated payment is $0.0220 per share; you must own the shares before the ex-dividend date to receive it.
How long has Putnam Master Intermediate Income Trust paid dividends?
Putnam Master Intermediate Income Trust has 38 years of dividend payments on record.
Data updated Sep 13, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.