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

MFS Investment Grade Municipal Trust (NYSE:CXH) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Stockholders of record on Tuesday, January 14th will be given a dividend of 0.0265 per share on Friday, January 31st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 3.94%. The ex-dividend date is Tuesday, January 14th.

MFS Investment Grade Municipal Trust Trading Up 0.4 %

CXH stock traded up $0.03 during trading hours on Friday, hitting $8.08. 6,451 shares of the stock traded hands, compared to its average volume of 4,126. MFS Investment Grade Municipal Trust has a one year low of $7.30 and a one year high of $8.36. The stock has a 50-day simple moving average of $8.10 and a 200 day simple moving average of $8.08.

MFS Investment Grade Municipal Trust Company Profile

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.