MFS Intermediate Income Trust (MIN) To Go Ex-Dividend on March 17th

MFS Intermediate Income Trust (NYSE:MIN) declared a monthly dividend on Monday, March 2nd. Shareholders of record on Tuesday, March 17th will be given a dividend of 0.0192 per share by the financial services provider on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 9.1%. The ex-dividend date of this dividend is Tuesday, March 17th.

MFS Intermediate Income Trust Stock Down 0.6%

MIN opened at $2.54 on Friday. The company has a fifty day moving average of $2.59 and a two-hundred day moving average of $2.63. MFS Intermediate Income Trust has a fifty-two week low of $2.49 and a fifty-two week high of $2.73.

About MFS Intermediate Income Trust

MFS Intermediate Income Trust (NYSE: MIN) is a closed-end management investment company that seeks to provide a high level of current income consistent with the preservation of capital. The Trust pursues its objective by investing primarily in a diversified portfolio of intermediate-duration fixed-income securities. Its holdings typically include investment-grade corporate bonds, mortgage- and asset-backed securities, and select non-investment-grade debt instruments. The Trust may employ leverage to enhance income potential and intends to distribute gains and interest earnings on a monthly basis.

The portfolio is managed by the fixed-income team at MFS Investment Management, a global asset manager founded in 1924 and headquartered in Boston, Massachusetts.