Cash Dividend On The Way From MFS Multi Market Income Fund (MMT)

Looking at the universe of stocks we cover at Dividend Channel, on 2/18/14, MFS Multi Market Income Fund ( MMT) will trade ex-dividend, for its monthly dividend of $0.0365, payable on 2/28/14. As a percentage of MMT's recent stock price of $6.41, this dividend works out to approximately 0.57%, so look for shares of MFS Multi Market Income Fund to trade 0.57% lower — all else being equal — when MMT shares open for trading on 2/18/14.

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Below is a dividend history chart for MMT, showing historical dividends prior to the most recent $0.0365 declared by MFS Multi Market Income Fund:

MMT+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 MMT is likely to continue, and whether the current estimated yield of 6.83% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MMT shares, versus its 200 day moving average:

MFS Multi Market Income Fund 200 Day Moving Average Chart

Looking at the chart above, MMT's low point in its 52 week range is $6.25 per share, with $7.68 as the 52 week high point — that compares with a last trade of $6.41.

In Friday trading, MFS Multi Market Income Fund shares are currently down about 0.3% on the day.

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