MFS Special Value Trust (MFV) Announces Dividend Increase – $0.05 Per Share
MFS Special Value Trust (NYSE:MFV) 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 0.0499 per share by the closed-end fund on Tuesday, October 31st. This represents a $0.60 dividend on an annualized basis and a yield of 9.02%. The ex-dividend date of this dividend is Tuesday, October 17th. This is a boost from MFS Special Value Trust’s previous monthly dividend of $0.05.
MFS Special Value Trust has decreased its dividend payment by an average of 5.9% per year over the last three years.
MFS Special Value Trust (NYSE MFV) traded up 0.45% on Tuesday, reaching $6.63. The company’s stock had a trading volume of 18,866 shares. MFS Special Value Trust has a 12 month low of $5.32 and a 12 month high of $6.80. The firm has a 50 day moving average of $6.53 and a 200 day moving average of $6.25.
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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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