MFS Investment Grade Municipal Trust (NYSE:CXH) Announces $0.03 Monthly Dividend

MFS Investment Grade Municipal Trust (NYSE:CXH) declared a monthly dividend on Monday, November 4th, Wall Street Journal reports. Investors of record on Tuesday, November 12th will be given a dividend of 0.0265 per share on Friday, November 29th. This represents a $0.32 annualized dividend and a dividend yield of 3.90%. The ex-dividend date is Tuesday, November 12th.

MFS Investment Grade Municipal Trust Stock Up 0.9 %

NYSE:CXH traded up $0.07 during midday trading on Monday, hitting $8.15. The company had a trading volume of 14,006 shares, compared to its average volume of 19,924. The stock’s fifty day moving average price is $8.16 and its 200-day moving average price is $7.90. MFS Investment Grade Municipal Trust has a 52-week low of $6.82 and a 52-week high of $8.31.

MFS Investment Grade Municipal Trust Company Profile

MFS Investment Grade Municipal 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.