MFS High Income Municipal Trust (CXE) To Go Ex-Dividend on May 14th

MFS High Income Municipal Trust (NYSE:CXE) announced a monthly dividend on Wednesday, May 1st, Zacks reports. Stockholders of record on Wednesday, May 15th will be given a dividend of 0.015 per share on Friday, May 31st. This represents a $0.18 annualized dividend and a dividend yield of 5.01%. The ex-dividend date of this dividend is Tuesday, May 14th.

MFS High Income Municipal Trust has decreased its dividend payment by an average of 14.1% annually over the last three years.

MFS High Income Municipal Trust Price Performance

Shares of CXE stock traded up $0.02 during mid-day trading on Friday, hitting $3.59. 111,344 shares of the company’s stock were exchanged, compared to its average volume of 57,263. MFS High Income Municipal Trust has a fifty-two week low of $2.95 and a fifty-two week high of $3.67. The stock has a 50-day simple moving average of $3.56 and a two-hundred day simple moving average of $3.47.

About MFS High Income Municipal Trust

MFS High Income Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets. It primarily invests in municipal bonds and local general obligations of various sectors, such as multifamily, hospitals, care retirement, and investor-owned utilities.