MFS Intermediate Income Trust (NYSE:MIN – Get Free Report) declared a monthly dividend on Friday, November 1st,Wall Street Journal reports. Stockholders of record on Tuesday, November 12th will be given a dividend of 0.0201 per share by the financial services provider on Friday, November 29th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 8.83%. The ex-dividend date of this dividend is Tuesday, November 12th.
MFS Intermediate Income Trust has raised its dividend payment by an average of 0.8% per year over the last three years.
MFS Intermediate Income Trust Price Performance
Shares of MIN opened at $2.73 on Friday. MFS Intermediate Income Trust has a 52-week low of $2.52 and a 52-week high of $2.85. The stock’s 50-day simple moving average is $2.74 and its 200 day simple moving average is $2.69.
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.
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