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

MFS Investment Grade Municipal Trust (NYSE:CXH) declared a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Stockholders of record on Tuesday, January 14th will be given a dividend of 0.0265 per share on Friday, January 31st. This represents a $0.32 annualized dividend and a dividend yield of 3.94%. The ex-dividend date is Tuesday, January 14th.

MFS Investment Grade Municipal Trust Trading Up 0.4 %

CXH stock traded up $0.03 on Friday, hitting $8.08. The company had a trading volume of 6,451 shares, compared to its average volume of 4,126. MFS Investment Grade Municipal Trust has a 12-month low of $7.30 and a 12-month high of $8.36. The stock’s 50-day simple moving average is $8.10 and its 200 day simple moving average is $8.08.

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.