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

MFS High Income Municipal Trust (NYSE:CXE) announced a monthly dividend on Monday, February 2nd. Stockholders of record on Tuesday, February 17th will be paid a dividend of 0.018 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date is Tuesday, February 17th.

MFS High Income Municipal Trust Stock Up 0.4%

NYSE:CXE traded up $0.02 during midday trading on Tuesday, hitting $3.79. The stock had a trading volume of 19,359 shares, compared to its average volume of 94,408. MFS High Income Municipal Trust has a one year low of $3.38 and a one year high of $3.85. The stock has a 50-day moving average of $3.73 and a 200 day moving average of $3.67.

About MFS High Income Municipal Trust

MFS High Income Municipal Trust (NYSE: CXE) is a diversified, closed-end management investment company that seeks to provide shareholders with high current income exempt from regular federal income tax. The fund achieves this objective by investing primarily in a portfolio of municipal obligations, which may include general obligation bonds, revenue bonds and other municipal securities issued by state and local governments throughout the United States.

The trust focuses on both investment-grade and below-investment-grade municipal securities, aiming to capture wider spreads in the high-yield segment of the municipal bond market.