MFS Multimarket Income Trust (NYSE:MMT) Plans Monthly Dividend of $0.04
MFS Multimarket Income Trust (NYSE:MMT) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Investors of record on Wednesday, July 17th will be paid a dividend of 0.042 per share by the closed-end fund on Wednesday, July 31st. This represents a $0.50 dividend on an annualized basis and a yield of 8.63%. The ex-dividend date is Tuesday, July 16th.
MFS Multimarket Income Trust has increased its dividend payment by an average of 3.6% per year over the last three years.
Shares of MMT stock opened at $5.84 on Monday. MFS Multimarket Income Trust has a 1 year low of $5.01 and a 1 year high of $5.87. The business’s fifty day moving average is $5.76.
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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