Mfs Govt Mkts (MGF) to Distribute Monthly Dividend of $0.02 on September 30th

by · The Cerbat Gem

Mfs Govt Mkts (NYSE:MGF – Get Free Report) declared a monthly dividend on Friday, September 11th. Shareholders of record on Tuesday, September 22nd will be paid a dividend of 0.02 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date is Tuesday, September 22nd.

Mfs Govt Mkts Price Performance

Mfs Govt Mkts stock opened at $2.79 on Friday. Mfs Govt Mkts has a 12 month low of $2.72 and a 12 month high of $3.13. The business’s fifty day simple moving average is $2.83 and its two-hundred day simple moving average is $2.87.

About Mfs Govt Mkts

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MFS Government Markets Income Trust (NYSE: MGF) is a closed-end investment company managed by MFS Investment Management. The trust seeks to provide current income by investing primarily in securities issued or guaranteed by the U.S. government, its agencies and instrumentalities.

Its portfolio may include Treasury securities, agency securities and mortgage-backed securities, along with other fixed-income investments considered consistent with its investment objectives. The value and income of these holdings can be affected by changes in interest rates, credit conditions and prepayment activity.

The trust provides investors with access to a professionally managed portfolio focused on government-related fixed-income markets.

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