MFS Government Markets Income Trust (NYSE:MGF – Get Free Report) announced a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Investors of record on Tuesday, March 18th will be given a dividend of 0.0193 per share on Monday, March 31st. This represents a $0.23 annualized dividend and a yield of 7.39%. The ex-dividend date of this dividend is Tuesday, March 18th. This is a positive change from MFS Government Markets Income Trust’s previous monthly dividend of $0.02.
MFS Government Markets Income Trust has raised its dividend by an average of 41.3% per year over the last three years.
MFS Government Markets Income Trust Price Performance
MGF stock remained flat at $3.14 during mid-day trading on Tuesday. The company’s stock had a trading volume of 30,097 shares, compared to its average volume of 41,834. MFS Government Markets Income Trust has a 12-month low of $2.95 and a 12-month high of $3.39. The stock’s 50 day moving average is $3.08 and its 200 day moving average is $3.15.
About MFS Government Markets Income Trust
MFS Government Markets Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets of United States. It primarily invests in investment grade debt instruments. The fund also invests in mortgage backed, U.S.
Featured Stories
- Five stocks we like better than MFS Government Markets Income Trust
- Best Stocks Under $5.00
- GitLab: Get In While It’s Down—Big Rebound Ahead
- Why Invest in 5G? How to Invest in 5G Stocks
- Tesla Stock: Finding a Bottom May Take Time
- What is the NASDAQ Stock Exchange?
- Duolingo: This Beaten-Down Stock Is About to Rally 38%
Receive News & Ratings for MFS Government Markets Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MFS Government Markets Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.
