MFS Intermediate Income Trust (NYSE:MIN – Get Free Report) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Investors of record on Tuesday, January 14th will be paid a dividend of 0.0198 per share by the financial services provider on Friday, January 31st. This represents a $0.24 dividend on an annualized basis and a yield of 8.88%. The ex-dividend date is Tuesday, January 14th.
MFS Intermediate Income Trust has increased its dividend payment by an average of 42.4% annually over the last three years.
MFS Intermediate Income Trust Stock Performance
Shares of NYSE:MIN opened at $2.67 on Friday. MFS Intermediate Income Trust has a 1 year low of $2.56 and a 1 year high of $2.85. The firm has a fifty day moving average price of $2.68 and a 200 day moving average price of $2.71.
About MFS Intermediate Income Trust
MFS Intermediate Income Trust is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets across the globe. It primarily invests in debt instruments. The fund seeks to benchmarks the performance of its portfolio against the Barclays Intermediate U.S.
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