Mfs Govt Mkts (MGF) to Distribute Monthly Dividend of $0.10 on October 30th

Mfs Govt Mkts (NYSE:MGF) announced a monthly dividend on Friday, October 9th. Shareholders of record on Friday, October 23rd will be given a dividend of $0.10 per share on Friday, October 30th. This represents a $1.20 annualized dividend and a yield of 8.9%. The ex-dividend date of this dividend is Friday, October 23rd. This is a 0.0% increase from Mfs Govt Mkts’s previous monthly dividend of $0.10.

Mfs Govt Mkts Price Performance

Shares of MGF stock traded up $0.03 during trading hours on Wednesday, reaching $13.50. The company’s stock had a trading volume of 10,572 shares, compared to its average volume of 16,171. Mfs Govt Mkts has a one year low of $13.20 and a one year high of $15.65. The firm’s fifty day simple moving average is $13.88 and its 200 day simple moving average is $14.17.

About Mfs Govt Mkts

MFS Government Markets Income Trust (NYSE: MGF) is a closed-end investment fund managed by MFS Investment Management. The fund seeks to provide current income by investing primarily in securities issued or guaranteed by the U.S. government, its agencies and instrumentalities, as well as other government-related fixed-income investments.

The portfolio may include U.S. Treasury securities, mortgage-related securities issued or guaranteed by government-sponsored entities, and other debt instruments considered consistent with the fund’s investment objective.