MFS High Income Municipal Trust (NYSE:CXE) Raises Dividend to $0.01 Per Share

MFS High Income Municipal Trust (NYSE:CXEGet Free Report) declared a monthly dividend on Thursday, February 1st, Zacks reports. Shareholders of record on Wednesday, February 14th will be paid a dividend of 0.014 per share on Thursday, February 29th. This represents a $0.17 annualized dividend and a yield of 4.69%. The ex-dividend date is Tuesday, February 13th. This is an increase from MFS High Income Municipal Trust’s previous monthly dividend of $0.01.

MFS High Income Municipal Trust Trading Down 1.4 %

Shares of NYSE CXE opened at $3.58 on Monday. MFS High Income Municipal Trust has a 12-month low of $2.95 and a 12-month high of $3.74. The firm’s 50-day simple moving average is $3.56 and its 200 day simple moving average is $3.38.

Institutional Trading of MFS High Income Municipal Trust

Hedge funds and other institutional investors have recently modified their holdings of the stock. Raymond James & Associates lifted its position in MFS High Income Municipal Trust by 21.2% during the 1st quarter. Raymond James & Associates now owns 35,913 shares of the company’s stock valued at $158,000 after purchasing an additional 6,281 shares during the period. NewEdge Advisors LLC bought a new position in MFS High Income Municipal Trust in the first quarter valued at approximately $50,000. Worth Asset Management LLC bought a new stake in shares of MFS High Income Municipal Trust during the 1st quarter valued at $117,000. UBS Group AG lifted its stake in shares of MFS High Income Municipal Trust by 2.5% in the 1st quarter. UBS Group AG now owns 776,821 shares of the company’s stock valued at $3,410,000 after purchasing an additional 19,245 shares during the period. Finally, Invesco Ltd. boosted its position in shares of MFS High Income Municipal Trust by 91.9% in the 1st quarter. Invesco Ltd. now owns 268,813 shares of the company’s stock worth $1,180,000 after purchasing an additional 128,755 shares during the last quarter. Institutional investors and hedge funds own 23.60% of the company’s stock.

MFS High Income Municipal Trust Company Profile

(Get Free Report)

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

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