MFS Investment Grade Municipal Trust (NYSE:CXH) Announces Monthly Dividend of $0.03

MFS Investment Grade Municipal Trust (NYSE:CXH) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Investors of record on Tuesday, February 18th will be given a dividend of 0.0265 per share on Friday, February 28th. This represents a $0.32 annualized dividend and a dividend yield of 3.94%. The ex-dividend date is Tuesday, February 18th.

MFS Investment Grade Municipal Trust Price Performance

Shares of MFS Investment Grade Municipal Trust stock opened at $8.08 on Friday. The stock has a 50 day moving average of $8.02 and a 200 day moving average of $8.10. MFS Investment Grade Municipal Trust has a 12 month low of $7.30 and a 12 month high of $8.36.

About MFS Investment Grade Municipal Trust

MFS Investment Grade Municipal 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.