MFS High Income Municipal Trust Announces Monthly Dividend of $0.02 (NYSE:CXE)

MFS High Income Municipal Trust (NYSE:CXE) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Investors of record on Tuesday, March 18th will be given a dividend of 0.016 per share on Monday, March 31st. This represents a $0.19 dividend on an annualized basis and a yield of 5.01%. The ex-dividend date is Tuesday, March 18th.

MFS High Income Municipal Trust has decreased its dividend by an average of 8.0% per year over the last three years.

MFS High Income Municipal Trust Stock Down 0.5 %

NYSE:CXE traded down $0.02 on Tuesday, hitting $3.83. The stock had a trading volume of 86,072 shares, compared to its average volume of 88,485. MFS High Income Municipal Trust has a 52 week low of $3.46 and a 52 week high of $4.03. The business’s fifty day moving average is $3.73 and its 200 day moving average is $3.81.

MFS High Income Municipal Trust Company Profile

MFS High Income Municipal 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. It primarily invests in municipal bonds and local general obligations of various sectors, such as multifamily, hospitals, care retirement, and investor-owned utilities.