MFS Multimarket Income Trust (NYSE:MMT – Get Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.59 and traded as low as $4.40. MFS Multimarket Income Trust shares last traded at $4.4050, with a volume of 231,519 shares.
MFS Multimarket Income Trust Trading Down 0.1%
The business has a fifty day simple moving average of $4.48 and a two-hundred day simple moving average of $4.59.
MFS Multimarket Income Trust Cuts Dividend
The business also recently disclosed a monthly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 8th were paid a dividend of $0.0328 per share. The ex-dividend date was Monday, June 8th. This represents a c) dividend on an annualized basis and a yield of 8.9%.
Institutional Trading of MFS Multimarket Income Trust
About MFS Multimarket Income Trust
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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