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

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

Putnam Mast Int Price Performance

Shares of NYSE PIM opened at $3.20 on Friday. Putnam Mast Int has a 1-year low of $3.14 and a 1-year high of $3.50. The company has a 50-day moving average of $3.23 and a two-hundred day moving average of $3.29.

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.