MFS Intermediate Income Trust (NYSE:MIN - Get Free Report) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Shareholders of record on Tuesday, January 14th will be given a dividend of 0.0198 per share by the financial services provider on Friday, January 31st. This represents a $0.24 annualized dividend and a yield of 8.88%. The ex-dividend date is Tuesday, January 14th.
MFS Intermediate Income Trust has increased its dividend by an average of 0.8% per year over the last three years.
MFS Intermediate Income Trust Stock Up 0.4 %
Shares of MIN stock traded up $0.01 on Friday, hitting $2.67. The company's stock had a trading volume of 125,480 shares, compared to its average volume of 148,090. MFS Intermediate Income Trust has a fifty-two week low of $2.56 and a fifty-two week high of $2.85. The firm's fifty day moving average price is $2.69 and its 200-day moving average price is $2.71.
About MFS Intermediate Income Trust
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MFS Intermediate Income Trust is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets across the globe. It primarily invests in debt instruments. The fund seeks to benchmarks the performance of its portfolio against the Barclays Intermediate U.S.
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