MFS Government Markets Income Trust Announces Monthly Dividend of $0.02 (NYSE:MGF)

MFS Government Markets Income Trust (NYSE:MGF) declared a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Stockholders of record on Tuesday, January 14th will be given a dividend of 0.0195 per share on Friday, January 31st. This represents a $0.23 dividend on an annualized basis and a dividend yield of 7.53%. The ex-dividend date of this dividend is Tuesday, January 14th.

MFS Government Markets Income Trust has increased its dividend by an average of 4.3% per year over the last three years.

MFS Government Markets Income Trust Price Performance

MFS Government Markets Income Trust stock remained flat at $3.10 during trading hours on Friday. 44,568 shares of the company’s stock traded hands, compared to its average volume of 34,034. The business’s 50-day simple moving average is $3.12 and its 200-day simple moving average is $3.16. MFS Government Markets Income Trust has a 12 month low of $3.02 and a 12 month high of $3.39.

About MFS Government Markets Income Trust

MFS Government Markets Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets of United States. It primarily invests in investment grade debt instruments. The fund also invests in mortgage backed, U.S.