MFS Government Markets Income Trust to Issue Monthly Dividend of $0.02 (NYSE:MGF)

MFS Government Markets Income Trust (NYSE:MGF) declared a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Shareholders of record on Tuesday, February 18th will be paid a dividend of 0.0192 per share on Friday, February 28th. This represents a $0.23 annualized dividend and a yield of 7.42%. The ex-dividend date of this dividend is Tuesday, February 18th.

MFS Government Markets Income Trust has increased its dividend payment by an average of 53.5% annually over the last three years.

MFS Government Markets Income Trust Trading Up 0.6 %

MGF stock traded up $0.02 during mid-day trading on Tuesday, hitting $3.10. 45,545 shares of the company were exchanged, compared to its average volume of 44,452. The business has a fifty day simple moving average of $3.09 and a 200-day simple moving average of $3.16. MFS Government Markets Income Trust has a 12-month low of $2.95 and a 12-month high of $3.39.

MFS Government Markets Income Trust Company Profile

MFS Government Markets Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets of United States. It primarily invests in investment grade debt instruments. The fund also invests in mortgage backed, U.S.