MFS Municipal Income Trust (MFM) To Go Ex-Dividend on October 15th

MFS Municipal Income Trust (NYSE:MFM) declared a monthly dividend on Tuesday, October 1st, Wall Street Journal reports. Stockholders of record on Tuesday, October 15th will be given a dividend of 0.0215 per share by the closed-end fund on Thursday, October 31st. This represents a $0.26 annualized dividend and a dividend yield of 4.53%. The ex-dividend date is Tuesday, October 15th.

MFS Municipal Income Trust Stock Performance

MFS Municipal Income Trust stock opened at $5.70 on Friday. The business has a 50-day simple moving average of $5.64 and a 200 day simple moving average of $5.40. MFS Municipal Income Trust has a 52 week low of $4.37 and a 52 week high of $5.78.

About MFS Municipal Income Trust

MFS Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in tax-exempt bonds and tax-exempt notes. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index.