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

MFS High Income Municipal Trust (NYSE:CXE) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Stockholders of record on Tuesday, January 14th will be paid a dividend of 0.016 per share on Friday, January 31st. This represents a $0.19 dividend on an annualized basis and a dividend yield of 5.19%. The ex-dividend date of this dividend is Tuesday, January 14th.

MFS High Income Municipal Trust has decreased its dividend by an average of 14.1% annually over the last three years.

MFS High Income Municipal Trust Stock Performance

Shares of MFS High Income Municipal Trust stock traded up $0.01 during midday trading on Friday, hitting $3.70. The company had a trading volume of 103,143 shares, compared to its average volume of 113,421. The company has a fifty day simple moving average of $3.78 and a 200 day simple moving average of $3.81. MFS High Income Municipal Trust has a 12-month low of $3.46 and a 12-month high of $4.03.

MFS High Income Municipal Trust Company Profile

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.