MFS Multimarket Income Trust (NYSE:MMT) Shareholders to Collect $0.16 Monthly Dividend

MFS Multimarket Income Trust (NYSE:MMT) declared a monthly dividend on Tuesday, November 10th. Shareholders of record on Friday, November 20th will be given a dividend of $0.16 per share by the closed-end fund on Monday, November 30th. This represents a $1.92 annualized dividend and a yield of 11.2%. The ex-dividend date is Friday, November 20th.

MFS Multimarket Income Trust Price Performance

MMT stock traded down $0.15 during trading on Wednesday, hitting $17.12. 19,275 shares of the company’s stock traded hands, compared to its average volume of 50,760. The business has a fifty day simple moving average of $17.16 and a 200 day simple moving average of $17.88. MFS Multimarket Income Trust has a 52 week low of $16.40 and a 52 week high of $19.16.

MFS Multimarket Income Trust Company Profile

MFS Multimarket Income Trust is a closed-end management investment company listed on the New York Stock Exchange under the symbol MMT. The fund seeks to provide high current income, with capital appreciation as a secondary objective, by investing in a diversified portfolio of fixed-income securities. The trust invests across multiple sectors and geographies, including government and corporate debt, mortgage-backed and asset-backed securities, and securities issued by companies and governments in developed and emerging markets.