MFS Government Markets Income Trust (NYSE:MGF) Plans $0.02 Monthly Dividend

MFS Government Markets Income Trust (NYSE:MGFGet Rating) declared a monthly dividend on Tuesday, April 5th, Wall Street Journal reports. Investors of record on Wednesday, April 20th will be given a dividend of 0.0245 per share on Friday, April 29th. This represents a $0.29 annualized dividend and a yield of 8.00%. The ex-dividend date is Tuesday, April 19th.

MGF stock opened at $3.67 on Monday. MFS Government Markets Income Trust has a 12-month low of $3.67 and a 12-month high of $4.45. The firm has a fifty day moving average price of $3.82.

Hedge funds have recently added to or reduced their stakes in the stock. Susquehanna International Group LLP acquired a new position in MFS Government Markets Income Trust in the fourth quarter valued at $203,000. Morgan Stanley raised its holdings in shares of MFS Government Markets Income Trust by 10.9% during the third quarter. Morgan Stanley now owns 108,047 shares of the company’s stock valued at $467,000 after purchasing an additional 10,578 shares during the period. MML Investors Services LLC raised its holdings in shares of MFS Government Markets Income Trust by 3.6% during the fourth quarter. MML Investors Services LLC now owns 123,548 shares of the company’s stock valued at $525,000 after purchasing an additional 4,349 shares during the period. LPL Financial LLC raised its holdings in shares of MFS Government Markets Income Trust by 3.7% during the third quarter. LPL Financial LLC now owns 204,075 shares of the company’s stock valued at $882,000 after purchasing an additional 7,265 shares during the period. Finally, NewEdge Advisors LLC acquired a new position in shares of MFS Government Markets Income Trust during the fourth quarter valued at about $1,059,000. Institutional investors and hedge funds own 52.60% of the company’s stock.

MFS Government Markets Income Trust Company Profile (Get Rating)

MFS Government Markets Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets of United States. It primarily invests in investment grade debt instruments. The fund also invests in mortgage backed, U.S.

See Also

Dividend History for MFS Government Markets Income Trust (NYSE:MGF)

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