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

Putnam Mast Int (NYSE:PIM) declared a monthly dividend on Monday, February 23rd. Stockholders of record on Tuesday, March 24th will be paid a dividend of 0.022 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date of this dividend is Tuesday, March 24th.

Putnam Mast Int Stock Performance

Shares of NYSE PIM traded down $0.02 during mid-day trading on Monday, reaching $3.30. 85,135 shares of the company were exchanged, compared to its average volume of 80,524. Putnam Mast Int has a 52 week low of $3.14 and a 52 week high of $3.50. The company’s 50 day moving average price is $3.31 and its 200 day moving average price is $3.35.

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.