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

by · The Markets Daily

Putnam Mast Int (NYSE:PIMGet Free Report) declared a monthly dividend on Wednesday, August 5th. Shareholders of record on Friday, October 23rd will be given a dividend of 0.022 per share on Friday, October 30th. This represents a c) dividend on an annualized basis and a yield of 8.4%. The ex-dividend date of this dividend is Friday, October 23rd.

Putnam Mast Int Trading Up 0.2%

NYSE:PIM opened at $3.13 on Thursday. The stock has a 50-day simple moving average of $3.17 and a 200 day simple moving average of $3.22. Putnam Mast Int has a one year low of $3.07 and a one year high of $3.50.

Putnam Mast Int Company Profile

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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.

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