MFS Intermediate Income Trust (NYSE:MIN) announced a monthly dividend on Monday, June 3rd, NASDAQ reports. Shareholders of record on Wednesday, June 19th will be paid a dividend of 0.029 per share by the financial services provider on Friday, June 28th. This represents a $0.35 dividend on an annualized basis and a yield of 9.16%. The ex-dividend date of this dividend is Tuesday, June 18th.
MFS Intermediate Income Trust has decreased its dividend by an average of 4.4% annually over the last three years.
Shares of MFS Intermediate Income Trust stock opened at $3.80 on Thursday. MFS Intermediate Income Trust has a fifty-two week low of $3.62 and a fifty-two week high of $3.89.
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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