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

MFS Intermediate Income Trust logo with Finance background

Key Points

  • MFS Intermediate Income Trust (NYSE:MIN) has declared a monthly dividend of $0.0195 per share, payable on September 30th to investors who hold shares by September 16th.
  • The new dividend represents a 0.4% increase compared to the previous monthly dividend, and offers an annualized yield of 8.7%.
  • The company's stock price remained stable at $2.69 during midday trading, with a current 12-month low of $2.61 and high of $2.79.
  • Five stocks we like better than MFS Intermediate Income Trust.

MFS Intermediate Income Trust (NYSE:MIN - Get Free Report) announced a monthly dividend on Tuesday, September 2nd, Wall Street Journal reports. Shareholders of record on Tuesday, September 16th will be given a dividend of 0.0195 per share by the financial services provider on Tuesday, September 30th. This represents a c) annualized dividend and a yield of 8.6%. The ex-dividend date is Tuesday, September 16th. This is a 0.4% increase from MFS Intermediate Income Trust's previous monthly dividend of $0.02.

MFS Intermediate Income Trust Stock Performance

NYSE:MIN traded up $0.02 during mid-day trading on Monday, hitting $2.72. 134,525 shares of the company traded hands, compared to its average volume of 179,401. The stock's fifty day moving average price is $2.68 and its 200-day moving average price is $2.68. MFS Intermediate Income Trust has a one year low of $2.61 and a one year high of $2.79.

About MFS Intermediate Income Trust

(Get Free Report)

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.

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Dividend History for MFS Intermediate Income Trust (NYSE:MIN)

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