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

MFS Intermediate Income Trust (NYSE:MINGet Free Report) announced a monthly dividend on Friday, November 1st,Wall Street Journal reports. Shareholders of record on Tuesday, November 12th will be paid a dividend of 0.0201 per share by the financial services provider on Friday, November 29th. This represents a $0.24 annualized dividend and a yield of 8.83%. The ex-dividend date of this dividend is Tuesday, November 12th.

MFS Intermediate Income Trust has increased its dividend by an average of 0.8% annually over the last three years.

MFS Intermediate Income Trust Price Performance

NYSE:MIN opened at $2.73 on Friday. The company has a 50-day moving average of $2.74 and a 200-day moving average of $2.69. MFS Intermediate Income Trust has a 52 week low of $2.52 and a 52 week high of $2.85.

MFS Intermediate Income Trust Company Profile

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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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Dividend History for MFS Intermediate Income Trust (NYSE:MIN)

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