MFS Government Markets Income Trust (NYSE:MGF) Declares Monthly Dividend of $0.02

MFS Government Markets Income Trust (NYSE:MGF - Get Free Report) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Investors of record on Tuesday, February 18th will be given a dividend of 0.0192 per share on Friday, February 28th. This represents a $0.23 dividend on an annualized basis and a dividend yield of 7.46%. The ex-dividend date of this dividend is Tuesday, February 18th.

MFS Government Markets Income Trust has raised its dividend payment by an average of 53.5% annually over the last three years.

MFS Government Markets Income Trust Price Performance

MGF stock traded down $0.02 during trading on Friday, hitting $3.09. 27,701 shares of the company's stock traded hands, compared to its average volume of 44,200. MFS Government Markets Income Trust has a 52 week low of $2.95 and a 52 week high of $3.39. The business has a fifty day simple moving average of $3.09 and a 200 day simple moving average of $3.16.

About MFS Government Markets Income Trust

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.