MFS Intermediate Income Trust (NYSE:MIN) declared a monthly dividend on Wednesday, September 5th, Wall Street Journal reports. Stockholders of record on Wednesday, September 19th will be given a dividend of 0.0292 per share by the financial services provider on Friday, September 28th. This represents a $0.35 annualized dividend and a dividend yield of 9.27%. The ex-dividend date of this dividend is Tuesday, September 18th.
MFS Intermediate Income Trust has decreased its dividend by an average of 3.6% per year over the last three years.
MIN stock opened at $3.78 on Monday. MFS Intermediate Income Trust has a 52-week low of $3.76 and a 52-week high of $4.29.
About MFS Intermediate Income Trust
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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