MFS Intermediate Income Trust Plans Monthly Dividend of $0.02 (NYSE:MIN)

MFS Intermediate Income Trust (NYSE:MIN - Get Free Report) declared a monthly dividend on Thursday, July 3rd, Wall Street Journal reports. Investors of record on Tuesday, July 15th will be given a dividend of 0.0195 per share by the financial services provider on Thursday, July 31st. This represents a $0.23 dividend on an annualized basis and a dividend yield of 8.69%. The ex-dividend date of this dividend is Tuesday, July 15th.

MFS Intermediate Income Trust Trading Down 0.4%

MFS Intermediate Income Trust stock traded down $0.01 during mid-day trading on Friday, hitting $2.69. 64,764 shares of the company's stock traded hands, compared to its average volume of 191,608. The firm has a 50 day simple moving average of $2.68 and a two-hundred day simple moving average of $2.68. MFS Intermediate Income Trust has a fifty-two week low of $2.61 and a fifty-two week high of $2.79.

About MFS Intermediate Income Trust

MFS Intermediate Income Trust is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets across the globe. It primarily invests in debt instruments. The fund seeks to benchmarks the performance of its portfolio against the Barclays Intermediate U.S.