MFS Intermediate Income Trust (MIN) To Go Ex-Dividend on April 14th

MFS Intermediate Income Trust (NYSE:MIN) declared a monthly dividend on Wednesday, April 1st. Stockholders of record on Tuesday, April 14th will be paid a dividend of 0.0189 per share by the financial services provider on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 9.2%. The ex-dividend date is Tuesday, April 14th.

MFS Intermediate Income Trust Stock Performance

Shares of MFS Intermediate Income Trust stock opened at $2.48 on Friday. MFS Intermediate Income Trust has a 1 year low of $2.44 and a 1 year high of $2.73. The business has a 50 day moving average price of $2.54 and a 200 day moving average price of $2.60.

MFS Intermediate Income Trust Company Profile

MFS Intermediate Income Trust (NYSE: MIN) is a closed-end management investment company that seeks to provide a high level of current income consistent with the preservation of capital. The Trust pursues its objective by investing primarily in a diversified portfolio of intermediate-duration fixed-income securities. Its holdings typically include investment-grade corporate bonds, mortgage- and asset-backed securities, and select non-investment-grade debt instruments. The Trust may employ leverage to enhance income potential and intends to distribute gains and interest earnings on a monthly basis.

The portfolio is managed by the fixed-income team at MFS Investment Management, a global asset manager founded in 1924 and headquartered in Boston, Massachusetts.