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

Putnam Mast Int (NYSE:PIM) announced a monthly dividend on Monday, February 23rd. Investors of record on Thursday, May 21st will be paid a dividend of 0.022 per share on Friday, May 29th. This represents a c) annualized dividend and a yield of 8.0%. The ex-dividend date of this dividend is Thursday, May 21st.

Putnam Mast Int Trading Down 0.5%

PIM traded down $0.02 during trading on Monday, hitting $3.30. 85,135 shares of the stock traded hands, compared to its average volume of 79,252. Putnam Mast Int has a 12-month low of $3.14 and a 12-month high of $3.50. The firm has a 50-day moving average of $3.31 and a 200 day moving average of $3.35.

Institutional Trading of Putnam Mast Int

Large investors have recently modified their holdings of the business. WealthTrust Axiom LLC raised its position in Putnam Mast Int by 11.3% during the 4th quarter. WealthTrust Axiom LLC now owns 108,000 shares of the company’s stock valued at $361,000 after purchasing an additional 11,000 shares during the last quarter. Landscape Capital Management L.L.C. purchased a new position in shares of Putnam Mast Int during the fourth quarter valued at approximately $45,000. Summit Financial LLC increased its stake in shares of Putnam Mast Int by 206.4% during the fourth quarter. Summit Financial LLC now owns 592,051 shares of the company’s stock valued at $1,977,000 after buying an additional 398,831 shares during the period. Weaver Consulting Group raised its holdings in shares of Putnam Mast Int by 20.0% during the fourth quarter. Weaver Consulting Group now owns 42,000 shares of the company’s stock valued at $140,000 after acquiring an additional 7,000 shares in the last quarter. Finally, M3 Wealth Management LLC purchased a new stake in Putnam Mast Int in the fourth quarter worth $68,000. 55.06% of the stock is owned by institutional investors.

About Putnam Mast Int

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.