MFS High Income Municipal Trust (CXE) To Go Ex-Dividend on March 17th

MFS High Income Municipal Trust (NYSE:CXE) announced a monthly dividend on Monday, March 2nd. Shareholders of record on Tuesday, March 17th will be paid a dividend of 0.018 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 5.6%. The ex-dividend date is Tuesday, March 17th.

MFS High Income Municipal Trust Stock Up 0.3%

CXE traded up $0.01 during trading on Wednesday, hitting $3.85. The company’s stock had a trading volume of 13,869 shares, compared to its average volume of 79,475. The business’s 50 day simple moving average is $3.77 and its 200-day simple moving average is $3.72. MFS High Income Municipal Trust has a one year low of $3.38 and a one year high of $3.88.

About MFS High Income Municipal Trust

MFS High Income Municipal Trust (NYSE: CXE) is a diversified, closed-end management investment company that seeks to provide shareholders with high current income exempt from regular federal income tax. The fund achieves this objective by investing primarily in a portfolio of municipal obligations, which may include general obligation bonds, revenue bonds and other municipal securities issued by state and local governments throughout the United States.

The trust focuses on both investment-grade and below-investment-grade municipal securities, aiming to capture wider spreads in the high-yield segment of the municipal bond market.