MFS Government Markets Income Trust
MGFFinancial Services · Stock · monthly payer
$2.85
Add to PortfolioForward Yield
8.03%
Annual Dividend
$0.23
Payout Ratio
145%
5-Yr Growth
-8.1%
Ex-Date
Jun 16, 2026
Frequency
Monthly
MGF Dividend Safety Score
51/ 100
Grade C
Borderline
Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage145% of earnings paid out
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is MGF a good dividend stock?
MixedMFS Government Markets Income Trust (MGF) pays a monthly dividend yielding 8.03% ($0.23/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2025
- Elevated payout ratio (145%)
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 8.03%
- Payout Ratio
- 145%
- Annual Dividend
- $0.23
- 5-Yr Avg Growth
- -8.1%
- Ex-Dividend Date
- Jun 16, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.34
- Market Cap
- $92.9M
- P/E Ratio
- 17.8
- 5-Yr Total Return
- -36%
- 52-Week Range
- $2.82 – $3.14
- Dividend Safety
- C · 51/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 19, 2026 | — | $0.0190 | regular |
| Apr 14, 2026 | — | $0.0190 | regular |
| Mar 17, 2026 | — | $0.0190 | regular |
| Feb 17, 2026 | — | $0.0190 | regular |
| Jan 20, 2026 | — | $0.0190 | regular |
| Dec 16, 2025 | — | $0.0190 | regular |
| Nov 18, 2025 | — | $0.0190 | regular |
| Oct 14, 2025 | — | $0.0190 | regular |
| Sep 16, 2025 | — | $0.0190 | regular |
| Aug 19, 2025 | — | $0.0190 | regular |
| Jul 15, 2025 | — | $0.0190 | regular |
| Jun 17, 2025 | — | $0.0190 | regular |
| May 13, 2025 | — | $0.0190 | regular |
| Apr 15, 2025 | — | $0.0190 | regular |
Income Calculator
At $0.23 / yr per share
Per payment (monthly)$1.92
Annual$23.00
Monthly avg$1.92
