MFS Investment Grade Municipal Trust (CXH) to Issue Monthly Dividend of $0.03 on February 28th

MFS Investment Grade Municipal Trust (NYSE:CXH) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Shareholders of record on Tuesday, February 18th will be given a dividend of 0.0265 per share on Friday, February 28th. This represents a $0.32 dividend on an annualized basis and a yield of 3.95%. The ex-dividend date is Tuesday, February 18th.

MFS Investment Grade Municipal Trust Trading Up 0.4 %

Shares of CXH opened at $8.05 on Wednesday. MFS Investment Grade Municipal Trust has a fifty-two week low of $7.30 and a fifty-two week high of $8.36. The firm has a 50-day simple moving average of $8.05 and a 200-day simple moving average of $8.09.

About MFS Investment Grade Municipal Trust

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.