Shares of MFS Multimarket Income Trust (NYSE:MMT – Get Rating) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.81 and traded as low as $4.39. MFS Multimarket Income Trust shares last traded at $4.40, with a volume of 78,865 shares traded.
MFS Multimarket Income Trust Stock Performance
The business’s 50-day simple moving average is $4.70 and its 200-day simple moving average is $4.81.
MFS Multimarket Income Trust Increases Dividend
The firm also recently announced a monthly dividend, which will be paid on Friday, September 30th. Stockholders of record on Wednesday, September 14th will be paid a dividend of $0.034 per share. This represents a $0.41 annualized dividend and a dividend yield of 9.28%. This is an increase from MFS Multimarket Income Trust’s previous monthly dividend of $0.03. The ex-dividend date of this dividend is Tuesday, September 13th.
Institutional Trading of MFS Multimarket Income Trust
MFS Multimarket Income Trust Company Profile
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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