MFS Multimarket Income Trust (MMT) to Issue Monthly Dividend of $0.03 on August 29th

MFS Multimarket Income Trust (NYSE:MMT) declared a monthly dividend on Monday, August 4th, Wall Street Journal reports. Shareholders of record on Tuesday, August 19th will be given a dividend of 0.0335 per share by the closed-end fund on Friday, August 29th. This represents a c) dividend on an annualized basis and a yield of 8.5%. The ex-dividend date is Tuesday, August 19th. This is a 0.5% increase from MFS Multimarket Income Trust’s previous monthly dividend of $0.03.

MFS Multimarket Income Trust Stock Performance

MMT stock opened at $4.72 on Friday. MFS Multimarket Income Trust has a 52-week low of $4.31 and a 52-week high of $4.90. The business has a 50-day simple moving average of $4.66 and a two-hundred day simple moving average of $4.63.

MFS Multimarket Income Trust Company Profile

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.