MFS High Income Municipal Trust (NYSE:CXE) Plans Dividend Increase – $0.02 Per Share

MFS High Income Municipal Trust (NYSE:CXEGet Free Report) declared a monthly dividend on Monday, July 1st, Wall Street Journal reports. Investors of record on Tuesday, July 16th will be given a dividend of 0.016 per share on Wednesday, July 31st. This represents a $0.19 annualized dividend and a yield of 5.09%. The ex-dividend date is Tuesday, July 16th. This is an increase from MFS High Income Municipal Trust’s previous monthly dividend of $0.02.

MFS High Income Municipal Trust has decreased its dividend payment by an average of 14.1% per year over the last three years.

MFS High Income Municipal Trust Price Performance

CXE opened at $3.77 on Monday. The stock’s 50-day moving average price is $3.65 and its 200 day moving average price is $3.60. MFS High Income Municipal Trust has a 12-month low of $2.95 and a 12-month high of $3.78.

About MFS High Income Municipal Trust

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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.

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Dividend History for MFS High Income Municipal Trust (NYSE:CXE)

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