MFS Government Markets Income Trust (NYSE:MGF – Get Free Report) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be given a dividend of 0.0195 per share on Wednesday, April 30th. This represents a $0.23 annualized dividend and a dividend yield of 7.38%. The ex-dividend date is Tuesday, April 15th. This is a 0.7% increase from MFS Government Markets Income Trust’s previous monthly dividend of $0.02.
MFS Government Markets Income Trust has raised its dividend payment by an average of 41.3% per year over the last three years.
MFS Government Markets Income Trust Price Performance
Shares of MGF stock opened at $3.17 on Friday. The company’s 50-day moving average is $3.11 and its 200 day moving average is $3.14. MFS Government Markets Income Trust has a one year low of $2.95 and a one year high of $3.39.
MFS Government Markets Income Trust Company Profile
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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