MFS Government Markets Income Trust (NYSE:MGF) Declares $0.02 Monthly Dividend

MFS Government Markets Income Trust (NYSE:MGF) announced a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Stockholders of record on Tuesday, February 18th will be given a dividend of 0.0192 per share on Friday, February 28th. This represents a $0.23 dividend on an annualized basis and a dividend yield of 7.42%. The ex-dividend date of this dividend is Tuesday, February 18th.

MFS Government Markets Income Trust has raised its dividend payment by an average of 53.5% per year over the last three years.

MFS Government Markets Income Trust Price Performance

Shares of MFS Government Markets Income Trust stock traded up $0.02 during trading hours on Tuesday, reaching $3.10. 45,545 shares of the company’s stock were exchanged, compared to its average volume of 44,452. MFS Government Markets Income Trust has a 1 year low of $2.95 and a 1 year high of $3.39. The business has a fifty day moving average of $3.09 and a two-hundred day moving average of $3.16.

About MFS Government Markets Income Trust

MFS Government Markets Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets of United States. It primarily invests in investment grade debt instruments. The fund also invests in mortgage backed, U.S.