MFS Intermediate Income Trust (NYSE:MIN – Get Free Report) declared a monthly dividend on Wednesday, May 1st, Zacks reports. Investors of record on Wednesday, May 15th will be given a dividend of 0.02 per share by the financial services provider on Friday, May 31st. This represents a $0.24 dividend on an annualized basis and a yield of 9.02%. The ex-dividend date of this dividend is Tuesday, May 14th.
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
NYSE:MIN traded up $0.04 on Friday, hitting $2.66. The company’s stock had a trading volume of 472,337 shares, compared to its average volume of 326,106. MFS Intermediate Income Trust has a one year low of $2.52 and a one year high of $2.88. The stock has a fifty day moving average of $2.64 and a two-hundred day moving average of $2.69.
MFS Intermediate Income Trust Company Profile
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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