MFS Municipal Income Trust (MFM) Declares Monthly Dividend of $0.03
MFS Municipal Income Trust (NYSE:MFM) declared a monthly dividend on Tuesday, April 2nd, Wall Street Journal reports. Shareholders of record on Wednesday, April 17th will be given a dividend of 0.029 per share by the closed-end fund on Tuesday, April 30th. This represents a $0.35 annualized dividend and a yield of 5.02%. The ex-dividend date is Tuesday, April 16th.
MFS Municipal Income Trust has increased its dividend payment by an average of 0.3% annually over the last three years.
MFS Municipal Income Trust stock opened at $6.93 on Monday. MFS Municipal Income Trust has a twelve month low of $6.04 and a twelve month high of $6.97.
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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.
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