Mfs Govt Mkts Declares Monthly Dividend of $0.02 (NYSE:MGF)

Key Points

• Mfs Govt Mkts has declared a monthly dividend of $0.0191 per share, with an annualized yield of 7.4%, payable on August 29th to investors of record on August 19th.
• The stock was trading at $3.10, reflecting a slight increase of $0.02 during mid-day trading, with a 52-week range between $2.95 and $3.39.
• MFS Government Markets Income Trust primarily invests in investment-grade fixed income securities, managed by Massachusetts Financial Services Company.

Mfs Govt Mkts (NYSE:MGF - Get Free Report) declared a monthly dividend on Monday, August 4th, Wall Street Journal reports. Investors of record on Tuesday, August 19th will be given a dividend of 0.0191 per share on Friday, August 29th. This represents a c) annualized dividend and a yield of 7.4%. The ex-dividend date of this dividend is Tuesday, August 19th.

Mfs Govt Mkts Stock Performance

NYSE:MGF traded up $0.02 during mid-day trading on Monday, hitting $3.10. The company's stock had a trading volume of 45,742 shares, compared to its average volume of 59,580. Mfs Govt Mkts has a fifty-two week low of $2.95 and a fifty-two week high of $3.39. The stock has a fifty day moving average of $3.08 and a 200-day moving average of $3.09.

About Mfs Govt Mkts

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.

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