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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
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Key Points

  • MFS High Income Municipal Trust (NYSE:CXE) declared a monthly dividend of $0.018 per share, payable April 30 to shareholders of record April 14, with an annualized yield of about 5.8% (ex-dividend date April 14).
  • The closed-end fund seeks high current income exempt from regular federal income tax by investing primarily in municipal obligations and targets both investment‑grade and below‑investment‑grade securities to capture wider high‑yield spreads.
  • Shares recently opened at $3.75 and trade in a 52‑week range of $3.38–$3.88, with 50‑day and 200‑day moving averages near $3.79 and $3.74, respectively.
  • Five stocks to consider instead of MFS High Income Municipal Trust.

MFS High Income Municipal Trust (NYSE:CXE - Get Free Report) declared a monthly dividend on Wednesday, April 1st. Stockholders of record on Tuesday, April 14th will be paid a dividend of 0.018 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date of this dividend is Tuesday, April 14th.

MFS High Income Municipal Trust Stock Performance

Shares of CXE opened at $3.75 on Friday. MFS High Income Municipal Trust has a fifty-two week low of $3.38 and a fifty-two week high of $3.88. The business's 50-day moving average is $3.79 and its 200-day moving average is $3.74.

About MFS High Income Municipal Trust

(Get Free Report)

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

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