NYSE:MFM

MFS Municipal Income Trust - MFM Stock Forecast, Price & News

$5.86

+0.04 (+0.69%)

(As of 08/8/2022 04:35 PM ET)

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Today's Range: $5.82
▼
$5.87
50-Day Range: $5.04
▼
$5.93
52-Week Range: $5.02
▼
$7.38

Volume: 105,276 shs
Average Volume: 145,037 shs
Market Capitalization: $241.36 million

P/E Ratio: N/A
Dividend Yield: 4.81%
Price Target: N/A

About MFS Municipal Income Trust (NYSE:MFM) Stock

MFS Municipal Income Trust 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. MFS Municipal Income Trust was founded in November 25, 1986 and and is domiciled in United States.

MFS Municipal Income Trust Stock Performance

Shares of MFM opened at $5.82 on Monday. The company has a 50-day moving average of $5.56 and a two-hundred day moving average of $5.89. MFS Municipal Income Trust has a 12-month low of $5.02 and a 12-month high of $7.38.

MFS Municipal Income Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, August 31st. Shareholders of record on Wednesday, August 17th will be given a dividend of $0.0205 per share. This represents a $0.25 dividend on an annualized basis and a yield of 4.23%. The ex-dividend date of this dividend is Tuesday, August 16th.

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MFM Stock News Headlines

July 14, 2022 | benzinga.com

MFS Municipal IT: Dividend Insights

April 5, 2022 | seekingalpha.com

MFS Municipal Income Trust declares $0.022 dividend

February 10, 2022 | benzinga.com

Monday Is Your Last Chance To Buy MFS Municipal IT Before The Dividend Payout

February 4, 2022 | seekingalpha.com

MFS Municipal Income Trust declares $0.0225 dividend

December 3, 2021 | finance.yahoo.com

MFS Investment Grade Municipal Trust and MFS Municipal Income Trust Declare Capital Gain Distributions

January 15, 2021 | benzinga.com

Analyzing MFS Municipal Income Trust's Ex-Dividend Date

November 27, 2020 | seekingalpha.com

Weekly Closed-End Fund Roundup: November 15, 2020

November 3, 2020 | seekingalpha.com

MFS Municipal Income Trust declares $0.026 dividend

October 29, 2020 | nasdaq.com

MFS Municipal Income Trust Common Stock (MFM)

May 1, 2020 | seekingalpha.com

MFS Municipal Income Trust raises dividend by ~24%

April 1, 2020 | seekingalpha.com

MFS Municipal Income Trust cuts dividend by ~21%

February 19, 2020 | finance.yahoo.com

MFS Municipal Income Trust (MFM)

February 3, 2020 | seekingalpha.com

MFS Municipal Income Trust declares $0.0265 dividend

August 1, 2019 | markets.ft.com

MFS Municipal Income Trust

July 23, 2019 | finance.yahoo.com

MFS Announces Closed-End Fund Distributions

July 2, 2019 | seekingalpha.com

MFS Municipal Income Trust declares $0.0270 dividend

February 22, 2019 | finance.yahoo.com

MFS Municipal Income Trust -- Moody's announces completion of a periodic review of ratings of MFS Municipal Income Trust

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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MFM Company Calendar

Ex-Dividend for 7/29 Dividend: 7/19/2022
Dividend Payable: 7/29/2022
Today: 8/08/2022
Ex-Dividend for 8/31 Dividend: 8/16/2022
Dividend Payable: 8/31/2022
Fiscal Year End: 10/31/2022

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Investment offices, not elsewhere classified
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:MFM
CUSIP: N/A
CIK: 801961
Web: www.mfs.com
Phone: 617-954-5000
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: 41,188,000
Free Float: 40,879,000
Market Cap: $241.36 million
Optionable: Not Optionable
Beta: 0.36

Key Executives

Ms. Robin Ann Stelmach (Age 61)
Pres and Trustee
Mr. Frank L. Tarantino (Age 78)
Independent Sr. Officer
Mr. Robyn L. Griffin (Age 47)
Assistant Independent Chief Compliance Officer
Mr. Richard S. Weitzel (Age 52)
Assistant Sec. and Assistant Clerk
Mr. Kasey L. Philips (Age 51)
Assistant Treasurer
Mr. Brian E. Langenfeld (Age 49)
Assistant Sec. and Assistant Clerk
Ms. Susan A. Pereira (Age 51)
Assistant Sec. and Assistant Clerk
Mr. Ethan D. Corey (Age 58)
Assistant Sec. and Assistant Clerk
Mr. Thomas H. Connors (Age 62)
Assistant Sec. and Assistant Clerk
Mr. Christopher R. Bohane (Age 48)
Assistant Sec. and Assistant Clerk

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MFM Stock - Frequently Asked Questions

How has MFS Municipal Income Trust's stock price performed in 2022?: MFS Municipal Income Trust's stock was trading at $7.00 on January 1st, 2022. Since then, MFM stock has decreased by 16.6% and is now trading at $5.84.
View the best growth stocks for 2022 here.
Are investors shorting MFS Municipal Income Trust?: MFS Municipal Income Trust saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 53,900 shares, an increase of 372.8% from the June 30th total of 11,400 shares. Based on an average daily trading volume, of 167,500 shares, the days-to-cover ratio is presently 0.3 days.
View MFS Municipal Income Trust's Short Interest.
How often does MFS Municipal Income Trust pay dividends? What is the dividend yield for MFS Municipal Income Trust?: MFS Municipal Income Trust declared a monthly dividend on Tuesday, August 2nd. Investors of record on Wednesday, August 17th will be given a dividend of $0.0205 per share on Wednesday, August 31st. This represents a $0.25 annualized dividend and a yield of 4.21%. The ex-dividend date of this dividend is Tuesday, August 16th.
Read our dividend analysis for MFM.
Is MFS Municipal Income Trust a good dividend stock?: MFS Municipal Income Trust (NYSE:MFM) pays an annual dividend of $0.28 per share and currently has a dividend yield of 4.81%. MFM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for MFM.

What other stocks do shareholders of MFS Municipal Income Trust own?: Based on aggregate information from My MarketBeat watchlists, some companies that other MFS Municipal Income Trust investors own include BlackRock Taxable Municipal Bond Trust (BBN), Blackrock Resources & Commodities Strategy Trust (BCX), BlackRock Enhanced International Dividend Trust (BGY), Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB), Dominion Energy (D), General Mills (GIS), International Business Machines (IBM), Main Street Capital (MAIN), New Residential Investment (NRZ) and ONEOK (OKE).
What is MFS Municipal Income Trust's stock symbol?: MFS Municipal Income Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "MFM."
Who are MFS Municipal Income Trust's major shareholders?: MFS Municipal Income Trust's stock is owned by a variety of institutional and retail investors. Top institutional investors include Robinson Capital Management LLC (1.26%), Northwestern Mutual Wealth Management Co. (0.88%), Janney Montgomery Scott LLC (0.77%), Van ECK Associates Corp (0.54%), Edmonds Duncan Registered Investment Advisors LLC (0.52%) and Envestnet Asset Management Inc. (0.43%).
View institutional ownership trends.
How do I buy shares of MFS Municipal Income Trust?: Shares of MFM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is MFS Municipal Income Trust's stock price today?: One share of MFM stock can currently be purchased for approximately $5.84.
How much money does MFS Municipal Income Trust make?: MFS Municipal Income Trust (NYSE:MFM) has a market capitalization of $240.54 million.
How can I contact MFS Municipal Income Trust?: The official website for the company is www.mfs.com. The closed-end fund can be reached via phone at 617-954-5000.

This page (NYSE:MFM) was last updated on 8/8/2022 by MarketBeat.com Staff

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MFS Municipal Income Trust - MFM Stock Forecast, Price & News

About MFS Municipal Income Trust (NYSE:MFM) Stock

MFS Municipal Income Trust Stock Performance

MFS Municipal Income Trust Dividend Announcement

MFM Stock News Headlines

MFM Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

MFM Stock - Frequently Asked Questions

How has MFS Municipal Income Trust's stock price performed in 2022?

Are investors shorting MFS Municipal Income Trust?

How often does MFS Municipal Income Trust pay dividends? What is the dividend yield for MFS Municipal Income Trust?

Is MFS Municipal Income Trust a good dividend stock?

What other stocks do shareholders of MFS Municipal Income Trust own?

What is MFS Municipal Income Trust's stock symbol?

Who are MFS Municipal Income Trust's major shareholders?

How do I buy shares of MFS Municipal Income Trust?

What is MFS Municipal Income Trust's stock price today?

How much money does MFS Municipal Income Trust make?

How can I contact MFS Municipal Income Trust?

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