MFS Investment Grade Municipal Trust (NYSE:CXH - Get Free Report) declared a monthly dividend on Thursday, January 2nd,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 dividend on an annualized basis and a dividend yield of 3.94%. The ex-dividend date is Tuesday, January 14th.
MFS Investment Grade Municipal Trust Stock Performance
CXH traded up $0.03 during midday trading on Friday, reaching $8.08. The company's stock had a trading volume of 6,451 shares, compared to its average volume of 4,126. MFS Investment Grade Municipal Trust has a twelve month low of $7.30 and a twelve month high of $8.36. The company has a fifty day simple moving average of $8.10 and a 200 day simple moving average of $8.08.
About MFS Investment Grade Municipal Trust
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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.
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