MFS Investment Grade Municipal Trust (NYSE:CXH - Get Free Report) announced a monthly dividend on Thursday, July 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, July 15th will be paid a dividend of 0.034 per share on Thursday, July 31st. This represents a $0.41 dividend on an annualized basis and a dividend yield of 5.35%. The ex-dividend date is Tuesday, July 15th. This is a 15.3% increase from MFS Investment Grade Municipal Trust's previous monthly dividend of $0.03.
MFS Investment Grade Municipal Trust Trading Up 0.1%
Shares of CXH stock traded up $0.01 on Friday, hitting $7.62. The company's stock had a trading volume of 4,831 shares, compared to its average volume of 18,362. MFS Investment Grade Municipal Trust has a fifty-two week low of $7.36 and a fifty-two week high of $8.36. The stock's 50 day moving average is $7.62 and its 200-day moving average is $7.83.
About MFS Investment Grade Municipal Trust
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MFS Investment Grade Municipal is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in tax-exempt bonds and tax-exempt notes. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index.
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