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

MFS Investment Grade Municipal Trust (NYSE:CXH) declared a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Shareholders of record on Tuesday, January 14th will be paid a dividend of 0.0265 per share on Friday, January 31st. This represents a $0.32 dividend on an annualized basis and a yield of 3.94%. The ex-dividend date of this dividend is Tuesday, January 14th.

MFS Investment Grade Municipal Trust Price Performance

Shares of CXH traded up $0.03 during trading hours on Friday, reaching $8.08. 6,451 shares of the company’s stock traded hands, compared to its average volume of 4,126. MFS Investment Grade Municipal Trust has a twelve month low of $7.30 and a twelve month high of $8.36. The business’s fifty day simple moving average is $8.10 and its two-hundred day simple moving average is $8.08.

MFS Investment Grade Municipal Trust Company Profile

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.