MFS Multimarket Income Trust (MMT) to Issue Monthly Dividend of $0.04
MFS Multimarket Income Trust (NYSE:MMT) declared a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Shareholders of record on Wednesday, October 18th will be paid a dividend of 0.0446 per share by the closed-end fund on Tuesday, October 31st. This represents a $0.54 dividend on an annualized basis and a dividend yield of 8.60%. The ex-dividend date is Tuesday, October 17th.
MFS Multimarket Income Trust has decreased its dividend by an average of 3.5% annually over the last three years.
MFS Multimarket Income Trust (NYSE:MMT) traded down 0.32% during midday trading on Tuesday, hitting $6.23. The stock had a trading volume of 273,270 shares. MFS Multimarket Income Trust has a 12-month low of $5.62 and a 12-month high of $6.29. The company’s 50-day moving average price is $6.20 and its 200 day moving average price is $6.18.
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About MFS Multimarket Income Trust
MFS Multimarket 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 High Yield Corporates, Investment Grade Corporates, Emerging Markets Bonds, Mortgage-Backed Securities, the United States Government Agencies, Commercial Mortgage-Backed Securities, Floating Rate Loans, Collateralized Debt Obligations, Asset-Backed Securities, the Non-United States Government Bonds and the United States Treasury Securities.
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