MFS Municipal Income Trust (NYSE:MFM) Announces Monthly Dividend of $0.02

MFS Municipal Income Trust (NYSE:MFM) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Shareholders of record on Tuesday, April 15th will be paid a dividend of 0.0215 per share by the closed-end fund on Wednesday, April 30th. This represents a $0.26 dividend on an annualized basis and a yield of 4.80%. The ex-dividend date of this dividend is Tuesday, April 15th.

MFS Municipal Income Trust Trading Up 0.4 %

NYSE:MFM opened at $5.37 on Thursday. The firm has a fifty day simple moving average of $5.44 and a 200-day simple moving average of $5.51. MFS Municipal Income Trust has a 12 month low of $5.05 and a 12 month high of $5.78.

MFS Municipal Income Trust Company Profile

MFS Municipal Income Trust 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.