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

MFS High Income Municipal Trust logo with Finance background

Key Points

  • MFS High Income Municipal Trust (NYSE:CXE) has announced a monthly dividend of $0.02 per share, with a dividend yield of 5.8%.
  • The ex-dividend date is set for October 14th, with payment scheduled for October 31st.
  • Shares of CXE are currently down 0.5%, trading at $3.70, with a 12-month low of $3.38 and high of $4.01.
  • Five stocks we like better than MFS High Income Municipal Trust.

MFS High Income Municipal Trust (NYSE:CXE - Get Free Report) announced a monthly dividend on Wednesday, October 1st. Stockholders of record on Tuesday, October 14th will be paid a dividend of 0.018 per share on Friday, October 31st. This represents a c) dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date is Tuesday, October 14th.

MFS High Income Municipal Trust Stock Down 0.5%

Shares of NYSE CXE opened at $3.70 on Thursday. MFS High Income Municipal Trust has a 12 month low of $3.38 and a 12 month high of $4.01. The firm's 50 day simple moving average is $3.60 and its 200-day simple moving average is $3.57.

Institutional Investors Weigh In On MFS High Income Municipal Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in CXE. Jane Street Group LLC acquired a new stake in shares of MFS High Income Municipal Trust during the 4th quarter worth approximately $43,000. XTX Topco Ltd acquired a new stake in MFS High Income Municipal Trust in the 1st quarter valued at $43,000. Allworth Financial LP acquired a new stake in MFS High Income Municipal Trust in the 2nd quarter valued at $47,000. Cetera Investment Advisers grew its stake in MFS High Income Municipal Trust by 47.2% in the 2nd quarter. Cetera Investment Advisers now owns 18,412 shares of the company's stock valued at $66,000 after acquiring an additional 5,903 shares during the period. Finally, NewEdge Advisors LLC acquired a new stake in MFS High Income Municipal Trust in the 1st quarter valued at $84,000. Institutional investors and hedge funds own 34.37% of the company's stock.

About MFS High Income Municipal Trust

(Get Free Report)

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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Dividend History for MFS High Income Municipal Trust (NYSE:CXE)

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