MFS Multimarket Income Trust Declares Monthly Dividend of $0.03 (NYSE:MMT)

MFS Multimarket Income Trust (NYSE:MMT - Get Free Report) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be given a dividend of 0.0335 per share by the closed-end fund on Wednesday, April 30th. This represents a $0.40 annualized dividend and a dividend yield of 9.17%. The ex-dividend date is Tuesday, April 15th.

MFS Multimarket Income Trust has increased its dividend payment by an average of 5.2% annually over the last three years.

MFS Multimarket Income Trust Trading Down 1.4 %

Shares of MFS Multimarket Income Trust stock traded down $0.06 during trading on Monday, reaching $4.38. 333,824 shares of the stock traded hands, compared to its average volume of 81,519. MFS Multimarket Income Trust has a 52-week low of $4.38 and a 52-week high of $4.90. The business has a fifty day simple moving average of $4.66 and a two-hundred day simple moving average of $4.70.

About MFS Multimarket Income Trust

MFS Multimarket Income Trust is a closed ended fixed income mutual fund launched and managed by MFS Investment Management, Inc The fund invests in the fixed income markets across the globe with greater emphasis on United States. It seeks to invest in fixed income securities issued by U.S. Government, foreign government, mortgage backed, and other asset-backed securities of U.S.