MFS Government Markets Income Trust (NYSE:MGF – Get Free Report) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Shareholders of record on Tuesday, January 14th will be given a dividend of 0.0195 per share on Friday, January 31st. This represents a $0.23 dividend on an annualized basis and a yield of 7.66%. The ex-dividend date is Tuesday, January 14th.
MFS Government Markets Income Trust has raised its dividend by an average of 53.5% annually over the last three years.
MFS Government Markets Income Trust Price Performance
Shares of MGF stock opened at $3.05 on Friday. The stock’s 50-day simple moving average is $3.11 and its 200-day simple moving average is $3.17. MFS Government Markets Income Trust has a fifty-two week low of $3.02 and a fifty-two week high of $3.39.
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.
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