Putnam Mast Int (PIM) to Distribute Monthly Dividend of $0.02 on July 31st

Putnam Mast Int (NYSE:PIM) declared a monthly dividend on Thursday, May 14th. Investors of record on Friday, July 24th will be given a dividend of 0.022 per share on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 8.2%. The ex-dividend date of this dividend is Friday, July 24th.

Putnam Mast Int Stock Up 1.4%

Shares of Putnam Mast Int stock opened at $3.21 on Wednesday. Putnam Mast Int has a twelve month low of $3.07 and a twelve month high of $3.50. The firm’s 50-day moving average price is $3.18 and its 200 day moving average price is $3.24.

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.