MFS Intermediate Income Trust (NYSE:MIN) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Investors of record on Wednesday, December 20th will be given a dividend of 0.0314 per share by the financial services provider on Friday, December 29th. This represents a $0.38 dividend on an annualized basis and a yield of 9.20%. The ex-dividend date of this dividend is Tuesday, December 19th.
MFS Intermediate Income Trust has decreased its dividend by an average of 6.2% per year over the last three years.
Shares of MFS Intermediate Income Trust (MIN) traded down $0.06 on Monday, reaching $4.10. 579,557 shares of the company’s stock traded hands, compared to its average volume of 274,870. MFS Intermediate Income Trust has a 52 week low of $4.09 and a 52 week high of $4.44.
About MFS Intermediate Income Trust
MFS Intermediate 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 Investment Grade Corporates, the Non-United States Government Bonds, the United States Treasury Securities, Emerging Markets Bonds, Asset-Backed Securities, Mortgage-Backed Securities, High Yield Corporates, the United States Government Agencies, Residential Mortgage-Backed Securities, Commercial Mortgage-Backed Securities and Collateralized Debt Obligations.
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