MFS Intermediate Income Trust (NYSE:MIN – Get Free Report) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Investors of record on Tuesday, February 18th will be given a dividend of 0.0196 per share by the financial services provider on Friday, February 28th. This represents a $0.23 annualized dividend and a yield of 8.67%. The ex-dividend date of this dividend is Tuesday, February 18th.
MFS Intermediate Income Trust has increased its dividend payment by an average of 31.2% annually over the last three years.
MFS Intermediate Income Trust Price Performance
NYSE MIN opened at $2.71 on Friday. The business has a 50 day simple moving average of $2.68 and a 200 day simple moving average of $2.71. MFS Intermediate Income Trust has a one year low of $2.56 and a one year high of $2.79.
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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