MFS Multimarket Income Trust (NYSE:MMT - Get Free Report) declared a -- dividend on Tuesday, June 3rd, Wall Street Journal reports. Investors of record on Tuesday, June 17th will be given a dividend of 0.033 per share by the closed-end fund on Monday, June 30th. This represents a dividend yield of 8.7%. The ex-dividend date of this dividend is Tuesday, June 17th.
MFS Multimarket Income Trust has increased its dividend payment by an average of 5.2% per year over the last three years.
MFS Multimarket Income Trust Stock Performance
MFS Multimarket Income Trust stock remained flat at $4.64 during trading on Thursday. 30,662 shares of the company were exchanged, compared to its average volume of 92,531. MFS Multimarket Income Trust has a 12-month low of $4.31 and a 12-month high of $4.90. The business's 50-day simple moving average is $4.56 and its 200-day simple moving average is $4.63.
Institutional Investors Weigh In On MFS Multimarket Income Trust
An institutional investor recently raised its position in MFS Multimarket Income Trust stock. Geneos Wealth Management Inc. boosted its stake in MFS Multimarket Income Trust (NYSE:MMT - Free Report) by 780.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,155 shares of the closed-end fund's stock after acquiring an additional 9,001 shares during the quarter. Geneos Wealth Management Inc.'s holdings in MFS Multimarket Income Trust were worth $47,000 at the end of the most recent reporting period. 18.97% of the stock is currently owned by institutional investors.
MFS Multimarket Income Trust Company Profile
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MFS Multimarket Income Trust is a closed ended fixed income mutual fund launched and managed by MFS Investment Management, Inc The fund invests in the fixed income markets across the globe with greater emphasis on United States. It seeks to invest in fixed income securities issued by U.S. Government, foreign government, mortgage backed, and other asset-backed securities of U.S.
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