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

MFS High Income Municipal Trust (NYSE:CXEGet Free Report) declared a monthly dividend on Monday, April 1st, Zacks reports. Shareholders of record on Wednesday, April 17th will be paid a dividend of 0.015 per share on Tuesday, April 30th. This represents a $0.18 annualized dividend and a dividend yield of 5.07%. The ex-dividend date of this dividend is Tuesday, April 16th.

MFS High Income Municipal Trust Trading Down 0.8 %

NYSE CXE opened at $3.55 on Wednesday. MFS High Income Municipal Trust has a twelve month low of $2.95 and a twelve month high of $3.67. The firm’s 50 day moving average price is $3.59 and its two-hundred day moving average price is $3.42.

Hedge Funds Weigh In On MFS High Income Municipal Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Raymond James & Associates grew 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 worth $158,000 after purchasing an additional 6,281 shares in the last quarter. Envestnet Asset Management Inc. acquired a new stake in shares of MFS High Income Municipal Trust during the 1st quarter valued at $40,000. Townsquare Capital LLC boosted its stake in shares of MFS High Income Municipal Trust by 81.9% during the 4th quarter. Townsquare Capital LLC now owns 24,732 shares of the company’s stock valued at $86,000 after buying an additional 11,133 shares during the period. NewEdge Advisors LLC acquired a new stake in shares of MFS High Income Municipal Trust during the 1st quarter valued at $50,000. Finally, LPL Financial LLC boosted its stake in shares of MFS High Income Municipal Trust by 71.2% during the 3rd quarter. LPL Financial LLC now owns 36,061 shares of the company’s stock valued at $113,000 after buying an additional 15,000 shares during the period. 34.37% of the stock is currently owned by hedge funds and other institutional investors.

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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