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

Key Points

• Putnam Mast Int (NYSE:PIM) announced a monthly dividend of $0.02 per share, to be paid on September 30th to shareholders of record as of September 18th.
• The annualized dividend yield for this payout is 7.6%, reflecting the company's commitment to returning value to shareholders.
• Hedge funds are showing increasing interest, with several institutions acquiring new positions in Putnam Mast Int over the past quarters.

Putnam Mast Int (NYSE:PIM - Get Free Report) announced a monthly dividend on Thursday, August 7th. Stockholders of record on Thursday, September 18th will be paid a dividend of 0.022 per share on Tuesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date of this dividend is Thursday, September 18th.

Putnam Mast Int Trading Down 0.1%

Shares of Putnam Mast Int stock traded down $0.01 during trading on Friday, reaching $3.46. The company's stock had a trading volume of 47,007 shares, compared to its average volume of 79,964. The business's 50-day moving average price is $3.36 and its 200-day moving average price is $3.33. Putnam Mast Int has a 52 week low of $3.14 and a 52 week high of $3.50.

About Putnam Mast Int

Putnam Master Intermediate Income Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors.