MFS Multimarket Income Trust (NYSE:MMT – Get Free Report) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Investors of record on Tuesday, March 18th will be given a dividend of 0.0337 per share by the closed-end fund on Monday, March 31st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 8.74%. The ex-dividend date is Tuesday, March 18th. This is a 0.7% increase from MFS Multimarket Income Trust’s previous monthly dividend of $0.03.
MFS Multimarket Income Trust has raised its dividend by an average of 5.2% annually over the last three years.
MFS Multimarket Income Trust Stock Up 0.2 %
NYSE:MMT opened at $4.63 on Friday. The company has a 50 day moving average price of $4.67 and a 200 day moving average price of $4.72. MFS Multimarket Income Trust has a fifty-two week low of $4.43 and a fifty-two week 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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