MFS Intermarket Income Fund About To Put More Money In Your Pocket (CMK)

Looking at the universe of stocks we cover at Dividend Channel, on 6/16/15, MFS Intermarket Income Fund (CMK) will trade ex-dividend, for its monthly dividend of $0.0527, payable on 6/30/15. As a percentage of CMK's recent stock price of $8.54, this dividend works out to approximately 0.62%, so look for shares of MFS Intermarket Income Fund to trade 0.62% lower — all else being equal — when CMK shares open for trading on 6/16/15.

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Below is a dividend history chart for CMK, showing historical dividends prior to the most recent $0.0527 declared by MFS Intermarket Income Fund:

CMK+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 CMK is likely to continue, and whether the current estimated yield of 7.41% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CMK shares, versus its 200 day moving average:

MFS Intermarket Income Fund 200 Day Moving Average Chart

Looking at the chart above, CMK's low point in its 52 week range is $7.99 per share, with $8.86 as the 52 week high point — that compares with a last trade of $8.54.

In Friday trading, MFS Intermarket Income Fund shares are currently trading flat on the day.

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