MFS High Income Municipal Trust (CXE) to Issue Monthly Dividend of $0.02 on January 30th

MFS High Income Municipal Trust (NYSE:CXE) announced a monthly dividend on Friday, January 2nd. Stockholders of record on Tuesday, January 20th will be paid a dividend of 0.018 per share on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 5.7%. The ex-dividend date of this dividend is Tuesday, January 20th.

MFS High Income Municipal Trust Trading Up 0.1%

Shares of NYSE:CXE opened at $3.78 on Friday. MFS High Income Municipal Trust has a 12 month low of $3.38 and a 12 month high of $3.85. The firm’s 50-day moving average is $3.72 and its 200 day moving average is $3.66.

MFS High Income Municipal Trust Company Profile

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.