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

MFS Investment Grade Municipal Trust (NYSE:CXH) declared a monthly dividend on Wednesday, October 2nd, Wall Street Journal reports. Investors of record on Tuesday, October 15th will be paid a dividend of 0.0265 per share on Thursday, October 31st. This represents a $0.32 annualized dividend and a dividend yield of 3.85%. The ex-dividend date is Tuesday, October 15th.

MFS Investment Grade Municipal Trust Trading Down 0.1 %

Shares of MFS Investment Grade Municipal Trust stock opened at $8.25 on Thursday. The business’s fifty day moving average price is $8.12 and its 200 day moving average price is $7.80. MFS Investment Grade Municipal Trust has a twelve month low of $6.41 and a twelve month high of $8.28.

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.