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

MFS Multimarket Income Trust (NYSE:MMT) announced a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Stockholders of record on Tuesday, January 14th will be paid a dividend of 0.0338 per share by the closed-end fund on Friday, January 31st. This represents a $0.41 dividend on an annualized basis and a dividend yield of 8.67%. The ex-dividend date of this dividend is Tuesday, January 14th.

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

MFS Multimarket Income Trust Trading Up 0.4 %

MMT traded up $0.02 during trading hours on Friday, reaching $4.68. The company’s stock had a trading volume of 47,512 shares, compared to its average volume of 47,306. MFS Multimarket Income Trust has a fifty-two week low of $4.43 and a fifty-two week high of $4.90. The business’s 50-day moving average is $4.69 and its 200-day moving average is $4.74.

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.