MFS Multimarket Income Trust (NYSE:MMT) Announces $0.03 Monthly Dividend

MFS Multimarket Income Trust (NYSE:MMTGet Free Report) announced a monthly dividend on Monday, July 1st, Wall Street Journal reports. Stockholders of record on Tuesday, July 16th will be given a dividend of 0.0336 per share by the closed-end fund on Wednesday, July 31st. This represents a $0.40 annualized dividend and a dividend yield of 8.57%. The ex-dividend date is Tuesday, July 16th.

MFS Multimarket Income Trust has decreased its dividend payment by an average of 10.5% annually over the last three years.

MFS Multimarket Income Trust Price Performance

MMT stock opened at $4.71 on Wednesday. MFS Multimarket Income Trust has a 52-week low of $4.04 and a 52-week high of $4.73. The business has a fifty day moving average of $4.62 and a two-hundred day moving average of $4.60.

MFS Multimarket Income Trust Company Profile

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MFS Multimarket Income Trust is a closed ended fixed income mutual fund launched and managed by MFS Investment Management, Inc The fund invests in the fixed income markets across the globe with greater emphasis on United States. It seeks to invest in fixed income securities issued by U.S. Government, foreign government, mortgage backed, and other asset-backed securities of U.S.

Further Reading

Dividend History for MFS Multimarket Income Trust (NYSE:MMT)

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