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

MFS Multimarket Income Trust (NYSE:MMT - Get Free Report) announced a monthly dividend on Friday, November 1st, Wall Street Journal reports. Investors of record on Tuesday, November 12th will be paid a dividend of 0.0342 per share by the closed-end fund on Friday, November 29th. This represents a $0.41 annualized dividend and a yield of 8.62%. The ex-dividend date is Tuesday, November 12th.

MFS Multimarket Income Trust has decreased its dividend payment by an average of 10.5% per year over the last three years.

MFS Multimarket Income Trust Stock Down 0.6 %

NYSE MMT traded down $0.03 during trading hours on Monday, hitting $4.76. The company had a trading volume of 71,559 shares, compared to its average volume of 74,157. MFS Multimarket Income Trust has a 52 week low of $4.25 and a 52 week high of $4.90. The firm has a 50 day simple moving average of $4.82 and a 200 day simple moving average of $4.72.

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.