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

MFS Investment Grade Municipal Trust (NYSE:CXH) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be given a dividend of 0.0275 per share on Wednesday, April 30th. This represents a $0.33 annualized dividend and a yield of 4.16%. The ex-dividend date of this dividend is Tuesday, April 15th.

MFS Investment Grade Municipal Trust Stock Performance

CXH stock opened at $7.94 on Thursday. MFS Investment Grade Municipal Trust has a 1-year low of $7.30 and a 1-year high of $8.36. The business has a fifty day moving average price of $8.04 and a 200-day moving average price of $8.08.

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.