Putnam Mast Int (PIM) to Issue Monthly Dividend of $0.02 on April 30th

Putnam Mast Int (NYSE:PIM) announced a monthly dividend on Monday, February 23rd. Shareholders of record on Thursday, April 23rd will be given a dividend of 0.022 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a yield of 8.0%. The ex-dividend date is Thursday, April 23rd.

Putnam Mast Int Stock Performance

PIM opened at $3.29 on Tuesday. Putnam Mast Int has a 1-year low of $3.14 and a 1-year high of $3.50. The business has a 50 day moving average price of $3.26 and a two-hundred day moving average price of $3.31.

Institutional Investors Weigh In On Putnam Mast Int

A number of institutional investors have recently added to or reduced their stakes in the company. Consolidated Portfolio Review Corp lifted its position in Putnam Mast Int by 1.1% in the third quarter. Consolidated Portfolio Review Corp now owns 367,187 shares of the company’s stock worth $1,263,000 after purchasing an additional 3,990 shares during the period. Weaver Consulting Group lifted its position in shares of Putnam Mast Int by 20.0% during the 4th quarter. Weaver Consulting Group now owns 42,000 shares of the company’s stock valued at $140,000 after acquiring an additional 7,000 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Putnam Mast Int during the 2nd quarter valued at $25,000. WealthTrust Axiom LLC lifted its position in shares of Putnam Mast Int by 11.3% during the 4th quarter. WealthTrust Axiom LLC now owns 108,000 shares of the company’s stock valued at $361,000 after acquiring an additional 11,000 shares during the last quarter. Finally, Landscape Capital Management L.L.C. acquired a new stake in shares of Putnam Mast Int during the 4th quarter valued at $45,000. 55.06% of the stock is currently owned by institutional investors and hedge funds.

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.