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

MFS Investment Grade Municipal Trust (NYSE:CXH) announced a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be paid a dividend of 0.0275 per share on Wednesday, April 30th. This represents a $0.33 annualized dividend and a dividend yield of 4.14%. The ex-dividend date is Tuesday, April 15th.

MFS Investment Grade Municipal Trust Stock Performance

CXH opened at $7.98 on Friday. The business has a fifty day moving average of $8.04 and a 200 day moving average of $8.08. MFS Investment Grade Municipal Trust has a 52-week low of $7.30 and a 52-week high of $8.36.

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.