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

Key Points

• MFS High Income Municipal Trust (NYSE:CXE) has announced a monthly dividend of $0.02 per share, payable on September 30th to stockholders of record as of September 16th.
• The dividend yield associated with this payout stands at 6.1%, with the stock currently trading at $3.54, experiencing a slight decrease of 0.1% during midday trading.
• MFS High Income Municipal Trust primarily invests in fixed income markets, focusing on municipal bonds and local general obligations across various sectors like multifamily housing and healthcare.

MFS High Income Municipal Trust (NYSE:CXE - Get Free Report) declared a monthly dividend on Wednesday, September 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, September 16th will be given a dividend of 0.018 per share on Tuesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend is Tuesday, September 16th.

MFS High Income Municipal Trust Trading Down 0.1%

Shares of NYSE CXE traded down $0.01 during mid-day trading on Wednesday, reaching $3.54. The company had a trading volume of 112,697 shares, compared to its average volume of 81,188. MFS High Income Municipal Trust has a twelve month low of $3.38 and a twelve month high of $4.03. The stock's 50 day moving average is $3.54 and its 200-day moving average is $3.59.

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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