MFS Special Value Trust (MFV) to Issue Monthly Dividend of $0.05
MFS Special Value Trust (NYSE:MFV) declared a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Shareholders of record on Wednesday, November 15th will be given a dividend of 0.0504 per share by the closed-end fund on Thursday, November 30th. This represents a $0.60 annualized dividend and a yield of 9.11%. The ex-dividend date is Tuesday, November 14th. This is an increase 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.
About MFS Special Value Trust
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.
Receive News & Ratings for MFS Special Value Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MFS Special Value Trust and related companies with MarketBeat.com's FREE daily email newsletter.