MFS Intermediate Income Trust (MIN) Announces Monthly Dividend of $0.03
MFS Intermediate Income Trust (NYSE:MIN) declared a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Stockholders of record on Wednesday, October 18th will be given a dividend of 0.032 per share by the financial services provider on Tuesday, October 31st. This represents a $0.38 annualized dividend and a dividend yield of 9.00%. The ex-dividend date of this dividend is Tuesday, October 17th.
MFS Intermediate Income Trust has decreased its dividend payment by an average of 6.2% per year over the last three years.
MFS Intermediate Income Trust (NYSE MIN) traded down 0.70% on Tuesday, hitting $4.26. The stock had a trading volume of 198,624 shares. The company’s 50 day moving average is $4.29 and its 200-day moving average is $4.31. MFS Intermediate Income Trust has a 12 month low of $4.21 and a 12 month high of $4.56.
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About MFS Intermediate Income Trust
MFS Intermediate Income Trust (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to seek high current income, but may also consider capital appreciation. The Fund’s investment portfolio includes Investment Grade Corporates, the Non-United States Government Bonds, the United States Treasury Securities, Emerging Markets Bonds, Asset-Backed Securities, Mortgage-Backed Securities, High Yield Corporates, the United States Government Agencies, Residential Mortgage-Backed Securities, Commercial Mortgage-Backed Securities and Collateralized Debt Obligations.
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