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

Looking at the universe of stocks we cover at Dividend Channel, on 2/18/14, MFS Government Markets Income Fund ( MGF) will trade ex-dividend, for its monthly dividend of $0.0373, payable on 2/28/14. As a percentage of MGF's recent stock price of $5.70, this dividend works out to approximately 0.65%, so look for shares of MFS Government Markets Income Fund to trade 0.65% lower — all else being equal — when MGF shares open for trading on 2/18/14.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for MGF, showing historical dividends prior to the most recent $0.0373 declared by MFS Government Markets Income Fund:

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 7.85% 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 Fund 200 Day Moving Average Chart

Looking at the chart above, MGF's low point in its 52 week range is $5.50 per share, with $6.69 as the 52 week high point — that compares with a last trade of $5.70.

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

If you liked this article you might like

3 Stocks With Upcoming Ex-Dividend Dates: MFV, MGF, MCR

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Tomorrow: MGF, MIN, SJI

Dividend Watch: 3 Stocks Going Ex-Dividend Tuesday: MGF, GLAD, CIF

Dividend Watch: 3 Stocks Going Ex-Dividend Tuesday: MGF, EGIF, INF

Ex-Dividends To Watch: 3 Stocks Going Ex-Dividend Tomorrow: MGF, GLQ, BSM