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

MFS High Income Municipal Trust (NYSE:CXE) announced a monthly dividend on Monday, February 2nd. Investors of record on Tuesday, February 17th will be given a dividend of 0.018 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend is Tuesday, February 17th.

MFS High Income Municipal Trust Stock Up 0.4%

MFS High Income Municipal Trust stock traded up $0.02 during trading hours on Tuesday, hitting $3.79. 21,139 shares of the company traded hands, compared to its average volume of 94,493. MFS High Income Municipal Trust has a 1-year low of $3.38 and a 1-year high of $3.85. The firm’s 50-day simple moving average is $3.73 and its two-hundred day simple moving average is $3.67.

MFS High Income Municipal Trust Company Profile

MFS High Income Municipal Trust (NYSE: CXE) is a diversified, closed-end management investment company that seeks to provide shareholders with high current income exempt from regular federal income tax. The fund achieves this objective by investing primarily in a portfolio of municipal obligations, which may include general obligation bonds, revenue bonds and other municipal securities issued by state and local governments throughout the United States.

The trust focuses on both investment-grade and below-investment-grade municipal securities, aiming to capture wider spreads in the high-yield segment of the municipal bond market.