MFS Intermediate Income Trust (NYSE:MIN) to Issue $0.02 Monthly Dividend

MFS Intermediate Income Trust (NYSE:MIN) announced a monthly dividend on Friday, September 11th. Investors of record on Tuesday, September 22nd will be paid a dividend of 0.02 per share by the financial services provider on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 10.2%. The ex-dividend date of this dividend is Tuesday, September 22nd.

MFS Intermediate Income Trust Trading Up 0.2%

Shares of MFS Intermediate Income Trust stock opened at $2.35 on Friday. MFS Intermediate Income Trust has a 1 year low of $2.31 and a 1 year high of $2.70. The company has a 50 day simple moving average of $2.43 and a two-hundred day simple moving average of $2.45.

About MFS Intermediate Income Trust

MFS Intermediate Income Trust (NYSE:MIN) is a closed-end management investment company that seeks to provide high current income while maintaining prudent portfolio diversification. The fund invests primarily in fixed-income securities, including government and corporate bonds, mortgage-backed securities, asset-backed securities and other debt instruments.

The portfolio may include securities issued by companies and governments in the United States and other countries. MFS Investment Management serves as the fund’s investment adviser and manages the portfolio using research and credit analysis to identify income-producing opportunities across intermediate-term debt markets.

MFS Intermediate Income Trust is part of the MFS family of investment products, which has a long history of managing mutual funds and other investment vehicles.