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

MFS Multimarket Income Trust (NYSE:MMT - Get Free Report) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Investors of record on Tuesday, February 18th will be paid a dividend of 0.0334 per share by the closed-end fund on Friday, February 28th. This represents a $0.40 dividend on an annualized basis and a yield of 8.48%. The ex-dividend date of this dividend is Tuesday, February 18th.

MFS Multimarket Income Trust has increased its dividend payment by an average of 12.4% per year over the last three years.

MFS Multimarket Income Trust Trading Down 0.2 %

Shares of MFS Multimarket Income Trust stock traded down $0.01 during trading on Friday, hitting $4.73. 25,688 shares of the company were exchanged, compared to its average volume of 82,967. MFS Multimarket Income Trust has a fifty-two week low of $4.43 and a fifty-two week high of $4.90. The firm has a 50 day moving average price of $4.67 and a 200 day moving average price of $4.73.

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.