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

MFS Intermediate Income Trust (NYSE:MINGet Rating) announced a monthly dividend on Friday, April 1st, Zacks reports. Investors of record on Wednesday, April 20th will be paid a dividend of 0.024 per share by the financial services provider on Friday, April 29th. This represents a $0.29 annualized dividend and a yield of 9.32%. The ex-dividend date of this dividend is Tuesday, April 19th.

MFS Intermediate Income Trust stock opened at $3.09 on Friday. MFS Intermediate Income Trust has a twelve month low of $3.09 and a twelve month high of $3.74. The company’s 50-day moving average price is $3.18 and its two-hundred day moving average price is $3.43.

A number of institutional investors have recently added to or reduced their stakes in MIN. Invesco Ltd. raised its holdings in MFS Intermediate Income Trust by 1.4% in the 4th quarter. Invesco Ltd. now owns 1,439,852 shares of the financial services provider’s stock valued at $5,169,000 after acquiring an additional 20,406 shares during the period. LPL Financial LLC raised its holdings in MFS Intermediate Income Trust by 16.6% in the 4th quarter. LPL Financial LLC now owns 21,448 shares of the financial services provider’s stock valued at $77,000 after acquiring an additional 3,060 shares during the period. Parametric Portfolio Associates LLC raised its holdings in MFS Intermediate Income Trust by 4.4% in the 4th quarter. Parametric Portfolio Associates LLC now owns 2,410,006 shares of the financial services provider’s stock valued at $8,652,000 after acquiring an additional 102,110 shares during the period. Finally, NewEdge Advisors LLC bought a new position in MFS Intermediate Income Trust in the 4th quarter valued at about $1,062,000. 50.08% of the stock is currently owned by hedge funds and other institutional investors.

MFS Intermediate Income Trust Company Profile (Get Rating)

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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