MFS Investment Grade Municipal Trust (CXH) to Issue Monthly Dividend of $0.03 on March 31st

MFS Investment Grade Municipal Trust (NYSE:CXH) announced a monthly dividend on Monday, March 2nd. Investors of record on Tuesday, March 17th will be given a dividend of 0.034 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 5.0%. The ex-dividend date is Tuesday, March 17th.

MFS Investment Grade Municipal Trust Trading Down 0.9%

NYSE CXH traded down $0.07 during trading on Wednesday, reaching $8.11. 4,703 shares of the company’s stock traded hands, compared to its average volume of 13,897. MFS Investment Grade Municipal Trust has a 12-month low of $7.34 and a 12-month high of $8.25. The company’s 50 day simple moving average is $8.06 and its two-hundred day simple moving average is $7.93.

MFS Investment Grade Municipal Trust Company Profile

MFS Investment Grade Municipal Trust (NYSE: CXH) is a non-diversified, closed-end management investment company that seeks to provide shareholders with current income exempt from federal income taxes. Trading on the New York Stock Exchange since its inception in 1982, the fund primarily acquires investment-grade municipal securities, including general obligation and revenue bonds issued by states, municipalities and public authorities across the United States.

The trust’s portfolio is constructed to balance credit quality and yield, focusing on bonds rated BBB or higher by nationally recognized rating agencies.