MFS Intermediate Income Trust (MIN) To Go Ex-Dividend on March 18th

MFS Intermediate Income Trust (NYSE:MIN) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, March 18th will be given a dividend of 0.0196 per share by the financial services provider on Monday, March 31st. This represents a $0.24 annualized dividend and a yield of 8.71%. The ex-dividend date of this dividend is Tuesday, March 18th. This is a positive change from MFS Intermediate Income Trust’s previous monthly dividend of $0.02.

MFS Intermediate Income Trust Trading Down 0.6 %

MFS Intermediate Income Trust stock opened at $2.71 on Wednesday. The company’s 50 day moving average is $2.68 and its two-hundred day moving average is $2.71. MFS Intermediate Income Trust has a 52-week low of $2.56 and a 52-week high of $2.79.

MFS Intermediate Income Trust Company Profile

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.