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

MFS Investment Grade Municipal Trust (NYSE:CXH) declared a monthly dividend on Friday, November 1st,Wall Street Journal reports. Investors of record on Tuesday, November 12th will be paid a dividend of 0.0265 per share on Friday, November 29th. This represents a $0.32 dividend on an annualized basis and a yield of 3.91%. The ex-dividend date of this dividend is Tuesday, November 12th.

MFS Investment Grade Municipal Trust Price Performance

CXH stock opened at $8.14 on Friday. The company’s 50 day moving average is $8.16 and its two-hundred day moving average is $7.92. MFS Investment Grade Municipal Trust has a twelve month low of $6.83 and a twelve month high of $8.31.

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.