MFS Multimarket Income Trust (NYSE:MMT – Get Free Report) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Shareholders 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 annualized dividend and a yield of 8.63%. The ex-dividend date of this dividend is Tuesday, March 18th. This is an 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% per year over the last three years.
MFS Multimarket Income Trust Trading Down 0.3 %
Shares of NYSE MMT opened at $4.69 on Wednesday. MFS Multimarket Income Trust has a 12 month low of $4.43 and a 12 month high of $4.90. The company has a 50-day simple moving average of $4.66 and a 200-day simple moving average of $4.73.
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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