MFS Multimarket Income Trust (NYSE:MMT) announced a monthly dividend on Tuesday, August 1st, NASDAQ reports. Shareholders of record on Thursday, August 17th will be given a dividend of 0.045 per share by the closed-end fund on Thursday, August 31st. This represents a $0.54 annualized dividend and a yield of 8.70%. The ex-dividend date of this dividend is Tuesday, August 15th. This is an increase from MFS Multimarket Income Trust’s previous monthly dividend of $0.04.
MFS Multimarket Income Trust has decreased its dividend by an average of 3.5% per year over the last three years.
MFS Multimarket Income Trust (NYSE:MMT) traded up 1.80% during midday trading on Friday, reaching $6.21. The company’s stock had a trading volume of 208,614 shares. MFS Multimarket Income Trust has a 12-month low of $5.62 and a 12-month high of $6.29. The company’s 50-day moving average is $6.21 and its 200 day moving average is $6.16.
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About MFS Multimarket Income Trust
MFS Multimarket Income Trust (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to seek high current income, but may also consider capital appreciation. The Fund’s investment portfolio includes High Yield Corporates, Investment Grade Corporates, Emerging Markets Bonds, Mortgage-Backed Securities, the United States Government Agencies, Commercial Mortgage-Backed Securities, Floating Rate Loans, Collateralized Debt Obligations, Asset-Backed Securities, the Non-United States Government Bonds and the United States Treasury Securities.
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