MFS Government Markets Income Trust (NYSE:MGF) Raises Dividend to $0.02 Per Share

MFS Government Markets Income Trust (NYSE:MGFGet Free Report) announced a monthly dividend on Monday, June 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, June 18th will be paid a dividend of 0.0196 per share on Friday, June 28th. This represents a $0.24 annualized dividend and a dividend yield of 7.68%. The ex-dividend date of this dividend is Tuesday, June 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 increased its dividend payment by an average of 4.3% annually over the last three years.

MFS Government Markets Income Trust Stock Performance

MGF remained flat at $3.07 during trading on Wednesday. The company’s stock had a trading volume of 256,900 shares, compared to its average volume of 101,144. MFS Government Markets Income Trust has a one year low of $2.91 and a one year high of $3.29. The stock’s 50-day moving average price is $3.11 and its 200 day moving average price is $3.14.

About MFS Government Markets Income Trust

(Get Free Report)

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.

Recommended Stories

Dividend History for MFS Government Markets Income Trust (NYSE:MGF)

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.