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

MFS Investment Grade Municipal Trust (NYSE:CXH - Get Free Report) 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 annualized dividend and a yield of 3.92%. The ex-dividend date is Tuesday, February 18th.

MFS Investment Grade Municipal Trust Trading Down 0.4 %

MFS Investment Grade Municipal Trust stock traded down $0.03 during midday trading on Friday, hitting $8.12. 6,131 shares of the company's stock were exchanged, compared to its average volume of 15,935. MFS Investment Grade Municipal Trust has a 12-month low of $7.30 and a 12-month high of $8.36. The firm's 50 day simple moving average is $8.04 and its 200 day simple moving average is $8.09.

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.