MFS Multimarket Income Trust (MMT) to Issue Monthly Dividend of $0.03 on October 31st

MFS Multimarket Income Trust (NYSE:MMT) announced a monthly dividend on Tuesday, October 1st, Wall Street Journal reports. Stockholders of record on Tuesday, October 15th will be paid a dividend of 0.0346 per share by the closed-end fund on Thursday, October 31st. This represents a $0.41 annualized dividend and a dividend yield of 8.52%. The ex-dividend date of this dividend is Tuesday, October 15th. This is a boost from MFS Multimarket Income Trust’s previous monthly dividend of $0.03.

MFS Multimarket Income Trust has decreased its dividend by an average of 10.5% annually over the last three years.

MFS Multimarket Income Trust Price Performance

Shares of NYSE MMT opened at $4.87 on Friday. MFS Multimarket Income Trust has a twelve month low of $4.04 and a twelve month high of $4.90. The firm has a fifty day simple moving average of $4.80 and a 200 day simple moving average of $4.69.

MFS Multimarket Income Trust Company Profile

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.