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

MFS Multimarket Income Trust (NYSE:MMT) announced a monthly dividend on Monday, July 1st, Wall Street Journal reports. Investors of record on Tuesday, July 16th will be paid a dividend of 0.0336 per share by the closed-end fund on Wednesday, July 31st. This represents a $0.40 annualized dividend and a yield of 8.50%. The ex-dividend date of this dividend is Tuesday, July 16th.

MFS Multimarket Income Trust Stock Performance

Shares of NYSE:MMT opened at $4.75 on Monday. The business has a 50 day moving average price of $4.65 and a 200 day moving average price of $4.61. MFS Multimarket Income Trust has a twelve month low of $4.04 and a twelve month high of $4.75.

MFS Multimarket Income Trust Company Profile

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.