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

MFS Municipal Income Trust (NYSE:MFM) 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 0.0215 per share by the closed-end fund on Thursday, October 31st. This represents a $0.26 annualized dividend and a yield of 4.49%. The ex-dividend date of this dividend is Tuesday, October 15th.

MFS Municipal Income Trust Stock Up 0.2 %

MFS Municipal Income Trust stock opened at $5.75 on Thursday. The business has a 50 day moving average price of $5.60 and a two-hundred day moving average price of $5.38. MFS Municipal Income Trust has a 12 month low of $4.37 and a 12 month high of $5.78.

MFS Municipal Income Trust Company Profile

MFS Municipal Income Trust 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.