MFS Intermediate Income Trust (NYSE:MIN – Get Free Report) declared a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Shareholders of record on Tuesday, January 14th will be given 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 of this dividend is Tuesday, January 14th.
MFS Intermediate Income Trust has raised its dividend payment by an average of 0.8% annually over the last three years.
MFS Intermediate Income Trust Price Performance
Shares of NYSE MIN traded up $0.01 during midday trading on Friday, reaching $2.67. The company’s stock had a trading volume of 125,480 shares, compared to its average volume of 148,090. The stock has a 50 day simple moving average of $2.69 and a 200-day simple moving average of $2.71. MFS Intermediate Income Trust has a fifty-two week low of $2.56 and a fifty-two week high of $2.85.
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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