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

MFS Multimarket Income Trust (NYSE:MMT) declared a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Shareholders of record on Tuesday, February 18th will be given a dividend of 0.0334 per share by the closed-end fund on Friday, February 28th. This represents a $0.40 annualized dividend and a yield of 8.51%. The ex-dividend date is Tuesday, February 18th.

MFS Multimarket Income Trust has increased its dividend by an average of 12.4% per year over the last three years.

MFS Multimarket Income Trust Trading Up 0.3 %

NYSE:MMT traded up $0.02 on Tuesday, hitting $4.72. 22,235 shares of the company’s stock traded hands, compared to its average volume of 85,174. MFS Multimarket Income Trust has a 1 year low of $4.43 and a 1 year high of $4.90. The firm has a 50-day moving average price of $4.66 and a 200-day moving average price of $4.73.

About MFS Multimarket Income Trust

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.