MFS Multimarket Income Trust (NYSE:MMT – Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.72 and traded as low as $4.62. MFS Multimarket Income Trust shares last traded at $4.63, with a volume of 119,879 shares trading hands.
MFS Multimarket Income Trust Stock Performance
The business’s 50-day simple moving average is $4.66 and its 200 day simple moving average is $4.72.
MFS Multimarket Income Trust Increases Dividend
The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Tuesday, March 18th will be given a dividend of $0.0337 per share. This is a boost from MFS Multimarket Income Trust’s previous monthly dividend of $0.03. This represents a $0.40 dividend on an annualized basis and a yield of 8.73%. The ex-dividend date is Tuesday, March 18th.
Institutional Inflows and Outflows
MFS Multimarket Income Trust Company Profile
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.
Recommended Stories
- Five stocks we like better than MFS Multimarket Income Trust
- What is the NASDAQ Stock Exchange?
- Can TikTok Stock Picks Really Make You Rich?
- How to Invest in Biotech Stocks
- The “Quality” Rotation: Back to Basics Investing
- Most Volatile Stocks, What Investors Need to Know
- Occidental Petroleum: 4 Reasons to Love These Prices
Receive News & Ratings for MFS Multimarket Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MFS Multimarket Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.