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

MFS High Income Municipal Trust (NYSE:CXE) announced a monthly dividend on Wednesday, October 2nd, Wall Street Journal reports. Stockholders of record on Tuesday, October 15th will be given a dividend of 0.016 per share on Thursday, October 31st. This represents a $0.19 annualized dividend and a dividend yield of 4.82%. The ex-dividend date of this dividend is Tuesday, October 15th.

MFS High Income Municipal Trust Price Performance

Shares of CXE traded down $0.01 during trading hours on Wednesday, reaching $3.98. The stock had a trading volume of 251,795 shares, compared to its average volume of 52,334. The firm has a 50-day simple moving average of $3.86 and a 200 day simple moving average of $3.70. MFS High Income Municipal Trust has a 12 month low of $2.95 and a 12 month high of $4.03.

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.