MFS High Income Municipal Trust (NYSE:CXE – Get Free Report) declared a monthly dividend on Monday, May 11th. Shareholders of record on Thursday, May 21st will be paid a dividend of 0.018 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 5.7%. The ex-dividend date of this dividend is Thursday, May 21st.
MFS High Income Municipal Trust Price Performance
Shares of MFS High Income Municipal Trust stock opened at $3.80 on Tuesday. The company’s fifty day simple moving average is $3.76 and its two-hundred day simple moving average is $3.75. MFS High Income Municipal Trust has a 12-month low of $3.40 and a 12-month high of $3.88.
MFS High Income Municipal Trust Company Profile
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.
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