MFS Multimarket Income Trust (NYSE:MMT – Get Free Report) announced a monthly dividend on Friday, July 10th. Shareholders of record on Thursday, July 23rd will be paid a dividend of 0.04 per share by the closed-end fund on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 10.8%. The ex-dividend date is Thursday, July 23rd. This is a 21.8% increase from MFS Multimarket Income Trust’s previous monthly dividend of $0.03.
MFS Multimarket Income Trust Price Performance
MMT stock opened at $4.46 on Tuesday. MFS Multimarket Income Trust has a twelve month low of $4.37 and a twelve month high of $4.87. The business has a 50 day simple moving average of $4.47 and a 200-day simple moving average of $4.58.
MFS Multimarket Income Trust Company Profile
MFS Multimarket Income Trust (NYSE: MMT) is a closed-end management investment company that seeks to provide high current income through investments in a diversified global portfolio of income-producing securities. Launched in 1987, the trust is managed by MFS Investment Management, a Boston-based asset manager with roots dating back to 1924. MFS Investment Management acts as the investment adviser and leverages its multi-asset research capabilities to build and monitor MMT’s portfolio on behalf of shareholders.
The trust’s principal investment activities encompass a broad range of fixed-income and equity-related instruments.
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