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

Key Points

• MFS High Income Municipal Trust (NYSE:CXE) announced a monthly dividend of $0.02 per share, scheduled for payment on August 29th to stockholders of record by August 19th, reflecting an annualized yield of 6.1%.
• The company's stock increased by 1.6% to reach $3.57 during midday trading, with a 12-month trading range of $3.38 to $4.03.
• MFS High Income Municipal Trust primarily invests in municipal bonds and local general obligations across various sectors, managed by Massachusetts Financial Services Company.

MFS High Income Municipal Trust (NYSE:CXE - Get Free Report) announced a monthly dividend on Monday, August 4th, Wall Street Journal reports. Stockholders of record on Tuesday, August 19th will be given a dividend of 0.018 per share on Friday, August 29th. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date is Tuesday, August 19th.

MFS High Income Municipal Trust Stock Up 1.6%

Shares of NYSE:CXE traded up $0.06 during midday trading on Monday, reaching $3.57. The company's stock had a trading volume of 78,136 shares, compared to its average volume of 83,619. The firm has a 50 day moving average of $3.53 and a 200-day moving average of $3.61. MFS High Income Municipal Trust has a 12-month low of $3.38 and a 12-month high of $4.03.

About MFS High Income Municipal Trust

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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