MFS Intermediate Income Trust (NYSE:MIN) announced a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Shareholders of record on Wednesday, September 18th will be paid a dividend of 0.029 per share by the financial services provider on Monday, September 30th. This represents a $0.35 dividend on an annualized basis and a yield of 9.16%. The ex-dividend date is Tuesday, September 17th.
MFS Intermediate Income Trust has decreased its dividend payment by an average of 4.4% per year over the last three years.
MIN stock traded down $0.02 during midday trading on Thursday, reaching $3.80. 344,937 shares of the company’s stock traded hands, compared to its average volume of 278,897. The firm’s fifty day moving average price is $3.82 and its 200-day moving average price is $3.78. MFS Intermediate Income Trust has a 52 week low of $3.62 and a 52 week high of $3.89.
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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