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

Putnam Mast Int (NYSE:PIM) 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) annualized dividend and a dividend yield of 7.6%. The ex-dividend date of this dividend is Thursday, September 18th.

Putnam Mast Int Stock Performance

NYSE PIM opened at $3.50 on Tuesday. Putnam Mast Int has a one year low of $3.14 and a one year high of $3.50. The company’s 50 day moving average price is $3.35 and its 200 day moving average price is $3.32.

Hedge Funds Weigh In On Putnam Mast Int

Hedge funds and other institutional investors have recently modified their holdings of the company. Raymond James Financial Inc. purchased a new position in Putnam Mast Int in the second quarter worth $25,000. Balefire LLC bought a new position in shares of Putnam Mast Int during the 2nd quarter valued at about $35,000. Concurrent Investment Advisors LLC purchased a new stake in Putnam Mast Int during the 1st quarter valued at about $35,000. Jane Street Group LLC purchased a new position in shares of Putnam Mast Int in the 4th quarter valued at approximately $35,000. Finally, Citadel Advisors LLC purchased a new position in Putnam Mast Int during the fourth quarter valued at $36,000. Institutional investors and hedge funds own 55.06% of the company’s stock.

Putnam Mast Int Company Profile

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.