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

Putnam Mast Int (NYSE:PIMGet Free Report) announced a monthly dividend on Wednesday, August 5th. Shareholders of record on Friday, November 20th will be paid a dividend of 0.022 per share on Monday, November 30th. This represents a c) annualized dividend and a dividend yield of 8.4%. The ex-dividend date is Friday, November 20th.

Putnam Mast Int Stock Performance

Shares of NYSE PIM opened at $3.13 on Thursday. Putnam Mast Int has a one year low of $3.07 and a one year high of $3.50. The company’s fifty day moving average is $3.17 and its two-hundred day moving average is $3.22.

Institutional Trading of Putnam Mast Int

A number of institutional investors have recently added to or reduced their stakes in the stock. PVG Asset Management Corp boosted its holdings in Putnam Mast Int by 155.2% during the first quarter. PVG Asset Management Corp now owns 1,231,891 shares of the company’s stock worth $3,967,000 after buying an additional 749,132 shares in the last quarter. Summit Financial LLC increased its holdings in Putnam Mast Int by 206.4% in the fourth quarter. Summit Financial LLC now owns 592,051 shares of the company’s stock valued at $1,977,000 after buying an additional 398,831 shares in the last quarter. 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 period. Eclectic Associates Inc. ADV acquired a new stake in shares of Putnam Mast Int during the 4th quarter valued at approximately $179,000. Finally, Weaver Consulting Group boosted its stake 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 worth $140,000 after acquiring an additional 7,000 shares in the last quarter. Hedge funds and other institutional investors own 55.06% of the company’s stock.

About Putnam Mast Int

(Get Free Report)

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.

See Also

Dividend History for Putnam Mast Int (NYSE:PIM)

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