MFS Multimarket Income Trust (MMT) to Distribute Monthly Dividend of $0.04 on July 31st

MFS Multimarket Income Trust (NYSE:MMT) declared a monthly dividend on Friday, July 10th. Shareholders of record on Thursday, July 23rd will be given a dividend of 0.04 per share by the closed-end fund on Friday, July 31st. This represents a c) annualized dividend and a yield of 10.8%. The ex-dividend date of this dividend is Thursday, July 23rd. This is a 21.8% increase from MFS Multimarket Income Trust’s previous monthly dividend of $0.03.

MFS Multimarket Income Trust Stock Performance

MFS Multimarket Income Trust stock opened at $4.46 on Tuesday. The firm has a 50-day moving average price of $4.47 and a 200-day moving average price of $4.58. MFS Multimarket Income Trust has a 12-month low of $4.37 and a 12-month high of $4.87.

MFS Multimarket Income Trust Company Profile

MFS Multimarket Income Trust (NYSE: MMT) is a closed-end management investment company that seeks to provide high current income through investments in a diversified global portfolio of income-producing securities. Launched in 1987, the trust is managed by MFS Investment Management, a Boston-based asset manager with roots dating back to 1924. MFS Investment Management acts as the investment adviser and leverages its multi-asset research capabilities to build and monitor MMT’s portfolio on behalf of shareholders.

The trust’s principal investment activities encompass a broad range of fixed-income and equity-related instruments.