MFS High Income Municipal Trust (NYSE:CXE) to Issue Monthly Dividend of $0.02

MFS High Income Municipal Trust (NYSE:CXE) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Tuesday, December 17th will be paid a dividend of 0.016 per share on Tuesday, December 31st. This represents a $0.19 annualized dividend and a yield of 4.97%. The ex-dividend date is Tuesday, December 17th.

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

MFS High Income Municipal Trust Price Performance

Shares of NYSE CXE traded down $0.02 during mid-day trading on Tuesday, hitting $3.86. The company had a trading volume of 74,860 shares, compared to its average volume of 69,372. The firm has a 50-day simple moving average of $3.87 and a two-hundred day simple moving average of $3.80. MFS High Income Municipal Trust has a one year low of $3.44 and a one year high of $4.03.

MFS High Income Municipal Trust Company Profile

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.