MFS Intermediate Income Trust (NYSE:MIN) Shareholders Set to Receive $0.12 Monthly Dividend

MFS Intermediate Income Trust (NYSE:MIN) announced a monthly dividend on Friday, October 9th. Stockholders of record on Friday, October 23rd will be paid a dividend of $0.12 per share by the financial services provider on Friday, October 30th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 10.2%. The ex-dividend date of this dividend is Friday, October 23rd. This is a 0.0% decrease from MFS Intermediate Income Trust’s previous monthly dividend of $0.12.

MFS Intermediate Income Trust Stock Performance

MIN traded down $0.04 during trading on Wednesday, reaching $14.05. The stock had a trading volume of 796 shares, compared to its average volume of 40,167. The stock has a 50 day moving average of $14.26 and a two-hundred day moving average of $14.56. MFS Intermediate Income Trust has a 1-year low of $13.61 and a 1-year high of $16.02.

About MFS Intermediate Income Trust

MFS Intermediate Income Trust (NYSE:MIN) is a closed-end investment company managed by MFS Investment Management. The fund seeks to provide a high level of current income while also pursuing prudent investment management and preservation of capital.

The trust invests primarily in a diversified portfolio of fixed-income securities. Its holdings may include U.S. and foreign government and corporate bonds, mortgage- and asset-backed securities, and other debt instruments. The portfolio may also include below-investment-grade securities, which can provide additional income but involve greater credit risk.

MFS Intermediate Income Trust gives investors exposure to debt markets in the United States and other countries through a professionally managed portfolio.