MFS Intermediate Income Trust (NYSE:MIN – Get Free Report) declared a monthly dividend on Monday, July 1st, Wall Street Journal reports. Investors of record on Tuesday, July 16th will be paid a dividend of 0.0201 per share by the financial services provider on Wednesday, July 31st. This represents a $0.24 dividend on an annualized basis and a yield of 8.88%. The ex-dividend date is Tuesday, July 16th. This is a boost from MFS Intermediate Income Trust’s previous monthly dividend of $0.02.
MFS Intermediate Income Trust has raised its dividend by an average of 0.8% per year over the last three years.
MFS Intermediate Income Trust Price Performance
Shares of NYSE MIN opened at $2.71 on Monday. MFS Intermediate Income Trust has a twelve month low of $2.52 and a twelve month high of $2.85. The firm has a fifty day simple moving average of $2.64 and a 200 day simple moving average of $2.68.
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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