MFS Government Markets Income Trust (NYSE:MGF - Get Free Report) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be given a dividend of 0.0195 per share on Wednesday, April 30th. This represents a $0.23 annualized dividend and a dividend yield of 7.53%. The ex-dividend date of this dividend is Tuesday, April 15th. This is a 0.7% increase from MFS Government Markets Income Trust's previous monthly dividend of $0.02.
MFS Government Markets Income Trust has increased its dividend payment by an average of 41.3% annually over the last three years.
MFS Government Markets Income Trust Price Performance
MGF stock traded down $0.02 during midday trading on Monday, reaching $3.10. The company had a trading volume of 56,038 shares, compared to its average volume of 72,574. The firm has a 50-day moving average price of $3.11 and a 200-day moving average price of $3.14. MFS Government Markets Income Trust has a 1 year low of $2.95 and a 1 year high of $3.39.
MFS Government Markets Income Trust Company Profile
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MFS Government Markets Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets of United States. It primarily invests in investment grade debt instruments. The fund also invests in mortgage backed, U.S.
Further Reading
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