MFS Multimarket Income Trust (NYSE:MMT – Get Free Report) announced a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Stockholders of record on Tuesday, February 18th will be paid a dividend of 0.0334 per share by the closed-end fund on Friday, February 28th. This represents a $0.40 annualized dividend and a dividend yield of 8.51%. The ex-dividend date is Tuesday, February 18th.
MFS Multimarket Income Trust has raised its dividend by an average of 12.4% annually over the last three years.
MFS Multimarket Income Trust Stock Up 0.3 %
MMT traded up $0.02 on Tuesday, hitting $4.72. The company had a trading volume of 22,235 shares, compared to its average volume of 85,174. The company’s fifty day moving average price is $4.66 and its 200 day moving average price is $4.73. MFS Multimarket Income Trust has a 1-year low of $4.43 and a 1-year high of $4.90.
About MFS Multimarket Income Trust
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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