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

Putnam Mast Int (NYSE:PIM) declared 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) dividend on an annualized basis and a yield of 8.0%. The ex-dividend date of this dividend is Thursday, May 21st.

Putnam Mast Int Stock Performance

Shares of PIM stock opened at $3.30 on Tuesday. Putnam Mast Int has a 12-month low of $3.14 and a 12-month high of $3.50. The firm’s 50 day moving average is $3.31 and its 200 day moving average is $3.35.

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.