MFS Multimarket Income Trust (NYSE:MMT) to Issue Monthly Dividend of $0.16

MFS Multimarket Income Trust (NYSE:MMT) announced a monthly dividend on Tuesday, November 10th. Shareholders of record on Friday, November 20th will be paid a dividend of $0.16 per share by the closed-end fund on Monday, November 30th. This represents a $1.92 dividend on an annualized basis and a yield of 11.2%. The ex-dividend date of this dividend is Friday, November 20th.

MFS Multimarket Income Trust Trading Down 0.6%

MMT traded down $0.10 during midday trading on Wednesday, hitting $17.17. The company had a trading volume of 14,058 shares, compared to its average volume of 50,760. MFS Multimarket Income Trust has a twelve month low of $16.40 and a twelve month high of $19.16. The firm’s 50-day simple moving average is $17.16 and its 200-day simple moving average is $17.88.

About MFS Multimarket Income Trust

MFS Multimarket Income Trust is a closed-end management investment company listed on the New York Stock Exchange under the symbol MMT. The fund seeks to provide high current income, with capital appreciation as a secondary objective, by investing in a diversified portfolio of fixed-income securities. The trust invests across multiple sectors and geographies, including government and corporate debt, mortgage-backed and asset-backed securities, and securities issued by companies and governments in developed and emerging markets.