MFS Multimarket Income Trust (NYSE:MMT) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $6.02 and traded as high as $6.12. MFS Multimarket Income Trust shares last traded at $6.11, with a volume of 2,734 shares trading hands.
The firm has a fifty day moving average price of $6.03 and a two-hundred day moving average price of $5.87.
The company also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Wednesday, December 18th will be issued a $0.0423 dividend. The ex-dividend date is Tuesday, December 17th. This represents a $0.51 annualized dividend and a dividend yield of 8.34%. This is a positive change from MFS Multimarket Income Trust’s previous monthly dividend of $0.04.
About MFS Multimarket Income Trust (NYSE:MMT)
MFS Multimarket Income Trust is a closed ended fixed income mutual fund launched and managed by MFS Investment Management, Inc The fund invests in the fixed income markets across the globe with greater emphasis on United States. It seeks to invest in fixed income securities issued by U.S. Government, foreign government, mortgage backed, and other asset-backed securities of U.S.
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