MFS Investment Grade Municipal Trust to Issue Monthly Dividend of $0.03 (NYSE:CXH)

MFS Investment Grade Municipal Trust (NYSE:CXH) declared a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Investors of record on Tuesday, February 18th will be paid a dividend of 0.0265 per share on Friday, February 28th. This represents a $0.32 dividend on an annualized basis and a yield of 3.95%. The ex-dividend date is Tuesday, February 18th.

MFS Investment Grade Municipal Trust Stock Up 0.4 %

MFS Investment Grade Municipal Trust stock traded up $0.03 during trading on Tuesday, reaching $8.05. The stock had a trading volume of 12,870 shares, compared to its average volume of 16,640. MFS Investment Grade Municipal Trust has a 52-week low of $7.30 and a 52-week high of $8.36. The business has a 50 day moving average price of $8.05 and a 200 day moving average price of $8.09.

About MFS Investment Grade Municipal Trust

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.