MFS Special Value Trust (MFV) Increases Dividend to $0.05 Per Share
MFS Special Value Trust (NYSE:MFV) announced a monthly dividend on Wednesday, July 5th, Wall Street Journal reports. Investors of record on Thursday, July 20th will be given a dividend of 0.0504 per share by the closed-end fund on Monday, July 31st. This represents a $0.61 annualized dividend and a yield of 9.43%. The ex-dividend date is Tuesday, July 18th. This is a boost from MFS Special Value Trust’s previous monthly dividend of $0.05.
MFS Special Value Trust has decreased its dividend by an average of 5.9% per year over the last three years.
Shares of MFS Special Value Trust (NYSE MFV) traded down 0.16% during mid-day trading on Wednesday, reaching $6.42. The company’s stock had a trading volume of 9,091 shares. The company’s 50 day moving average price is $6.20 and its 200-day moving average price is $5.88. MFS Special Value Trust has a 1-year low of $5.32 and a 1-year high of $6.48.
MFS Special Value Trust Company Profile
MFS Special Value Trust (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to seek high current income, but may consider capital appreciation. The Fund normally invests its assets in debt instruments. The Fund invests in corporate bonds, the United States Government securities, foreign government securities, equity securities and derivatives.
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