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

MFS Government Markets Income Trust logo with Finance background

MFS Government Markets Income Trust (NYSE:MGF - Get Free Report) announced a monthly dividend on Friday, November 1st, Wall Street Journal reports. Investors of record on Tuesday, November 12th will be given a dividend of 0.0199 per share on Friday, November 29th. This represents a $0.24 dividend on an annualized basis and a yield of 7.51%. The ex-dividend date is Tuesday, November 12th.

MFS Government Markets Income Trust has increased its dividend by an average of 4.3% per year over the last three years.

MFS Government Markets Income Trust Trading Down 0.3 %

Shares of MGF traded down $0.01 during mid-day trading on Monday, reaching $3.18. The company's stock had a trading volume of 21,430 shares, compared to its average volume of 95,395. MFS Government Markets Income Trust has a 52 week low of $3.02 and a 52 week high of $3.39. The company's fifty day moving average price is $3.24 and its two-hundred day moving average price is $3.15.

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

Dividend History for MFS Government Markets Income Trust (NYSE:MGF)

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