Mfs Govt Mkts (NYSE:MGF – Get Free Report) announced a monthly dividend on Friday, September 11th. Investors of record on Tuesday, September 22nd will be paid a dividend of 0.02 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 8.6%. The ex-dividend date of this dividend is Tuesday, September 22nd.
Mfs Govt Mkts Stock Performance
NYSE MGF opened at $2.79 on Friday. Mfs Govt Mkts has a twelve month low of $2.72 and a twelve month high of $3.13. The stock has a fifty day simple moving average of $2.83 and a 200 day simple moving average of $2.87.
Mfs Govt Mkts Company Profile
MFS Government Markets Income Trust (NYSE: MGF) is a closed-end investment company managed by MFS Investment Management. The trust seeks to provide current income by investing primarily in securities issued or guaranteed by the U.S. government, its agencies and instrumentalities.
Its portfolio may include Treasury securities, agency securities and mortgage-backed securities, along with other fixed-income investments considered consistent with its investment objectives. The value and income of these holdings can be affected by changes in interest rates, credit conditions and prepayment activity.
The trust provides investors with access to a professionally managed portfolio focused on government-related fixed-income markets.
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