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

MFS Investment Grade Municipal Trust (NYSE:CXH) declared a monthly dividend on Tuesday, September 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, September 17th will be paid a dividend of 0.0265 per share on Monday, September 30th. This represents a $0.32 annualized dividend and a dividend yield of 3.92%. The ex-dividend date of this dividend is Tuesday, September 17th. This is an increase from MFS Investment Grade Municipal Trust’s previous monthly dividend of $0.03.

MFS Investment Grade Municipal Trust Price Performance

NYSE:CXH traded up $0.01 during midday trading on Wednesday, hitting $8.11. 21,063 shares of the company were exchanged, compared to its average volume of 19,273. MFS Investment Grade Municipal Trust has a fifty-two week low of $6.41 and a fifty-two week high of $8.15. The company has a fifty day simple moving average of $8.00 and a 200 day simple moving average of $7.70.

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.