Putnam Mast Int (NYSE:PIM) to Issue $0.02 Monthly Dividend

Putnam Mast Int (NYSE:PIM) declared a monthly dividend on Thursday, May 14th. Investors of record on Tuesday, June 23rd will be given a dividend of 0.022 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 8.3%. The ex-dividend date of this dividend is Tuesday, June 23rd.

Putnam Mast Int Price Performance

NYSE:PIM remained flat at $3.20 during mid-day trading on Thursday. The company had a trading volume of 10,638 shares, compared to its average volume of 87,318. The company has a 50-day moving average of $3.23 and a 200 day moving average of $3.29. Putnam Mast Int has a 12-month low of $3.14 and a 12-month high of $3.50.

Putnam Mast Int Company Profile

Putnam Master International (NYSE:PIM) is a closed-end management investment company that seeks long-term capital appreciation by investing primarily in equity securities of non-U.S. companies. The fund maintains a diversified portfolio spanning developed and emerging markets, with a focus on identifying businesses offering strong growth potential, attractive valuations and sound corporate governance. Shares of PIM trade on the NYSE, providing investors with a fixed capital structure and the opportunity to gain exposure to global equity markets through a single vehicle.

The fund’s investment team, managed by Putnam Retail Management LP, conducts bottom-up fundamental analysis to select holdings across multiple industries and geographies.