MFS Special Value Trust (NYSE:MFV) Increases Dividend to $0.05 Per Share

MFS Special Value Trust (NYSE:MFV) declared a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Shareholders of record on Wednesday, December 18th will be paid a dividend of 0.0468 per share by the closed-end fund on Tuesday, December 31st. This represents a $0.56 annualized dividend and a yield of 8.41%. The ex-dividend date is Tuesday, December 17th. This is a positive change from MFS Special Value Trust’s previous monthly dividend of $0.05.

Shares of NYSE MFV traded up $0.01 during trading on Wednesday, hitting $6.68. The stock had a trading volume of 15,094 shares, compared to its average volume of 18,835. The firm has a fifty day moving average of $6.32 and a two-hundred day moving average of $5.93. MFS Special Value Trust has a 12 month low of $4.50 and a 12 month high of $6.75.

MFS Special Value Trust Company Profile

MFS Special Value Trust is a closed-ended balanced mutual fund launched and managed by Massachusetts Financial Services Company The fund invests in the public equity and fixed income markets of the United States. It primarily invests in value stocks of companies operating across diversified sectors. The fund employs fundamental analysis and a bottom-up stock picking approach to create its portfolio.

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Dividend History for MFS Special Value Trust (NYSE:MFV)

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