MFS Multimarket Income Trust to Issue Monthly Dividend of $0.03 (NYSE:MMT)

MFS Multimarket Income Trust (NYSE:MMT) declared a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Shareholders of record on Tuesday, January 14th will be given a dividend of 0.0338 per share by the closed-end fund on Friday, January 31st. This represents a $0.41 dividend on an annualized basis and a yield of 8.67%. The ex-dividend date is Tuesday, January 14th.

MFS Multimarket Income Trust has decreased its dividend payment by an average of 10.5% annually over the last three years.

MFS Multimarket Income Trust Trading Up 0.4 %

Shares of NYSE:MMT traded up $0.02 during midday trading on Friday, hitting $4.68. The company’s stock had a trading volume of 47,512 shares, compared to its average volume of 47,306. The stock’s 50 day simple moving average is $4.69 and its 200 day simple moving average is $4.74. MFS Multimarket Income Trust has a fifty-two week low of $4.43 and a fifty-two week high of $4.90.

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.