Cash Dividend On The Way From MFS Government Markets Income Trust (MGF)

Looking at the universe of stocks we cover at Dividend Channel, on 4/16/13, MFS Government Markets Income Trust (MGF) will trade ex-dividend, for its monthly dividend of $0.0403, payable on 4/30/13. As a percentage of MGF's recent stock price of $6.58, this dividend works out to approximately 0.61%, so look for shares of MFS Government Markets Income Trust to trade 0.61% lower — all else being equal — when MGF shares open for trading on 4/16/13.

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Below is a dividend history chart for MGF, showing historical dividends prior to the most recent $0.0403 declared by MFS Government Markets Income Trust:

MGF+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MGF is likely to continue, and whether the current estimated yield of 7.36% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of MGF shares, versus its 200 day moving average:

MFS Government Markets Income Trust 200 Day Moving Average Chart

Looking at the chart above, MGF's low point in its 52 week range is $6.42 per share, with $7.49 as the 52 week high point — that compares with a last trade of $6.58.

In Friday trading, MFS Government Markets Income Trust shares are currently off about 0.3% on the day.

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