MFS Intermediate Income Trust (NYSE:MIN) Raises Dividend to $0.02 Per Share

MFS Intermediate Income Trust (NYSE:MINGet Free Report) declared a monthly dividend on Tuesday, October 1st, Wall Street Journal reports. Investors of record on Tuesday, October 15th will be given a dividend of 0.0204 per share by the financial services provider on Thursday, October 31st. This represents a $0.25 dividend on an annualized basis and a yield of 8.94%. The ex-dividend date is Tuesday, October 15th. This is a positive change from MFS Intermediate Income Trust’s previous monthly dividend of $0.02.

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

Shares of NYSE:MIN opened at $2.74 on Monday. The company’s 50-day moving average price is $2.74 and its two-hundred day moving average price is $2.67. MFS Intermediate Income Trust has a one year low of $2.52 and a one year 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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