MFS Municipal Income Trust (NYSE:MFM – Get Free Report) announced a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Investors of record on Wednesday, May 15th will be given a dividend of 0.0205 per share by the closed-end fund on Friday, May 31st. This represents a $0.25 annualized dividend and a dividend yield of 4.79%. The ex-dividend date is Tuesday, May 14th.
MFS Municipal Income Trust has decreased its dividend payment by an average of 12.1% per year over the last three years.
MFS Municipal Income Trust Stock Up 0.8 %
MFS Municipal Income Trust stock traded up $0.04 during mid-day trading on Friday, reaching $5.14. 98,065 shares of the company were exchanged, compared to its average volume of 95,526. MFS Municipal Income Trust has a 12-month low of $4.37 and a 12-month high of $5.48. The business has a fifty day moving average of $5.23 and a 200 day moving average of $5.10.
MFS Municipal Income Trust Company Profile
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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