Putnam Master Intermediate Income Trust
PIMFinancial Services · Stock · monthly payer
$3.18
Add to PortfolioForward Yield
8.30%
Annual Dividend
$0.26
Payout Ratio
120%
5-Yr Growth
-6.0%
Ex-Date
Jun 23, 2026
Frequency
Monthly
PIM Dividend Safety Score
59/ 100
Grade C
Borderline
Dividend-growth streak4 consecutive years of growth
Cut historyCut its dividend in 2021
Earnings payout coverage120% of earnings paid out
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is PIM a good dividend stock?
Yes, with caveatsPutnam Master Intermediate Income Trust (PIM) pays a monthly dividend yielding 8.30% ($0.26/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2021
- Elevated payout ratio (120%)
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 8.30%
- Payout Ratio
- 120%
- Annual Dividend
- $0.26
- 5-Yr Avg Growth
- -6.0%
- Ex-Dividend Date
- Jun 23, 2026
- Years of Growth
- 4
- Frequency
- monthly
- Beta
- 0.27
- Market Cap
- $153.2M
- P/E Ratio
- 14.5
- 5-Yr Total Return
- -24%
- 52-Week Range
- $3.08 – $3.50
- Dividend Safety
- C · 59/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 21, 2026 | — | $0.0220 | regular |
| Apr 23, 2026 | — | $0.0220 | regular |
| Mar 24, 2026 | — | $0.0220 | regular |
| Feb 20, 2026 | — | $0.0220 | regular |
| Jan 23, 2026 | — | $0.0220 | regular |
| Dec 15, 2025 | — | $0.0220 | regular |
| Nov 17, 2025 | — | $0.0220 | regular |
| Oct 17, 2025 | — | $0.0220 | regular |
| Sep 18, 2025 | — | $0.0220 | regular |
| Aug 18, 2025 | — | $0.0220 | regular |
| Jul 18, 2025 | — | $0.0220 | regular |
| Jun 16, 2025 | — | $0.0220 | regular |
| May 19, 2025 | — | $0.0220 | regular |
| Apr 17, 2025 | — | $0.0220 | regular |
Income Calculator
At $0.26 / yr per share
Per payment (monthly)$2.17
Annual$26.00
Monthly avg$2.17
