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

MFS High Income Municipal Trust (NYSE:CXE) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be paid a dividend of 0.016 per share on Wednesday, April 30th. This represents a $0.19 dividend on an annualized basis and a yield of 5.19%. The ex-dividend date of this dividend is Tuesday, April 15th.

MFS High Income Municipal Trust has decreased its dividend payment by an average of 8.0% annually over the last three years.

MFS High Income Municipal Trust Stock Performance

CXE stock opened at $3.70 on Thursday. The firm’s 50-day moving average is $3.74 and its two-hundred day moving average is $3.79. MFS High Income Municipal Trust has a 52 week low of $3.46 and a 52 week 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.