MFS Special Value Trust (NYSE:MFV) Announces Dividend Increase – $0.05 Per Share

MFS Special Value Trust (NYSE:MFV) announced a monthly dividend on Monday, January 6th, Wall Street Journal reports. Shareholders of record on Wednesday, January 15th will be paid a dividend of 0.0474 per share by the closed-end fund on Friday, January 31st. This represents a $0.57 dividend on an annualized basis and a dividend yield of 8.69%. The ex-dividend date is Tuesday, January 14th. This is a positive change from MFS Special Value Trust’s previous monthly dividend of $0.05.

MFS Special Value Trust has decreased its dividend payment by an average of 1.3% per year over the last three years.

NYSE MFV opened at $6.54 on Monday. The business’s fifty day simple moving average is $6.49 and its 200-day simple moving average is $6.09. MFS Special Value Trust has a 52 week low of $5.01 and a 52 week high of $7.00.

MFS Special Value Trust Company Profile

MFS Special Value Trust is a closed-ended balanced mutual fund launched and managed by Massachusetts Financial Services Company The fund invests in the public equity and fixed income markets of the United States. It primarily invests in value stocks of companies operating across diversified sectors. The fund employs fundamental analysis and a bottom-up stock picking approach to create its portfolio.

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Dividend History for MFS Special Value Trust (NYSE:MFV)

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