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MFS Government Markets Income Trust Stock Dividends Overview

MGF pays dividends monthly. Last paid amount was $0.0201 at Mar 28, 2024. As of today, dividend yield (TTM) is 7.74%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 7.74%
Frequency Monthly
1Y Growth -4.67%
Payout Ratio 0
Amount Per Share $0.0200
Next Ex-Dividend Date Apr 16, 2024
Next Payment Date Apr 30, 2024

MGF Dividend Payout History

To ensure a understanding of MGF's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 01, 2024 Apr 16, 2024 Apr 30, 2024 $0.0200 0.644%
2 Mar 12, 2024 Mar 12, 2024 Mar 28, 2024 $0.0201 0.627%
3 Feb 01, 2024 Feb 13, 2024 Feb 29, 2024 $0.0203 0.660%
4 Jan 02, 2024 Jan 16, 2024 Jan 31, 2024 $0.0204 0.637%
5 Dec 01, 2023 Dec 19, 2023 Dec 29, 2023 $0.0197 0.619%
6 Nov 01, 2023 Nov 14, 2023 Nov 30, 2023 $0.0190 0.617%
7 Oct 02, 2023 Oct 17, 2023 Oct 31, 2023 $0.0200 0.678%
8 Sep 01, 2023 Sep 12, 2023 Sep 29, 2023 $0.0200 0.654%
9 Aug 01, 2023 Aug 15, 2023 Aug 31, 2023 $0.0206 0.643%
10 Jul 03, 2023 Jul 18, 2023 Jul 31, 2023 $0.0210 0.652%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (30.70%)

Growth potential

Decrease likely (60.00%)

MGF Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from MGF dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MGF stock here.

Comparing MGF to Sector and Country

MGF pays a solid dividend yield of 7.74%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.89%). MGF’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.07%), which means that there are more attractive dividend stocks to consider.

MGF Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
IHD
Voya Emerging Markets High Income Dividend Equity Fund 95.23M $0.135 10.68% -
MGF
MFS Government Markets Income Trust 99.422M $0.0200 7.73% -

FAQ

What factors can affect the amount of MGF's dividend payments?
The amount of MGF's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in MGF sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from MGF stock be automatically reinvested?
If MGF offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy MGF stock.

How often does MGF pay dividend?
MFS Government Markets Income Trust (MGF) pays dividends monthly. The most recent payout was on Mar 28, 2024. The upcoming dividend Ex Date is Apr 16, 2024, with an amount of $0.0200.

How much does MGF pays per share?
The last recorder (Mar 12, 2024) dividend per share was $0.0201.

What is MGF dividend growth rate?
Over the last year, MFS Government Markets Income Trust has witnessed growth rate of -4.67% . Looking back over the past 3 years, this growth rate has been -9.49%. Furthermore, examining the past 5 years, MFS Government Markets Income Trust has maintained an average Dividends Per Share Growth Rate of -6.49%.
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About MFS Government Markets Income Trust

MFS Government Markets Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets of United States. It primarily invests in investment grade debt instruments. The fund also invests in mortgage backed, U.S. government agencies, international sovereigns, U.S. treasuries, cash and other net assets, emerging markets debt, high grade corporates, ... MGF Profile

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