Mfs Govt Mkts (MGF) To Go Ex-Dividend on February 17th

Mfs Govt Mkts (NYSE:MGF) announced a monthly dividend on Monday, February 2nd. Stockholders of record on Tuesday, February 17th will be given a dividend of 0.0191 per share on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date of this dividend is Tuesday, February 17th.

Mfs Govt Mkts Stock Performance

Shares of Mfs Govt Mkts stock opened at $3.05 on Friday. Mfs Govt Mkts has a twelve month low of $2.96 and a twelve month high of $3.17. The business has a 50-day moving average price of $3.03 and a 200 day moving average price of $3.07.

Mfs Govt Mkts Company Profile

MFS Government Markets Fund (NYSE: MGF) is a closed-end management investment company that seeks to provide current income consistent with preservation of capital and liquidity by investing primarily in U.S. government and government-related debt securities. The fund’s portfolio typically consists of U.S. Treasury obligations, agency securities and repurchase agreements collateralized by government-backed instruments. By concentrating on high-quality, sovereign-issued fixed income, MGF aims to offer investors relatively stable returns while minimizing exposure to credit risk.

The fund employs a disciplined, yield-curve-aware approach, blending short-term and intermediate-term maturities to balance income generation with interest-rate sensitivity.