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

MFS Investment Grade Municipal Trust (NYSE:CXH) announced a monthly dividend on Monday, July 1st, Wall Street Journal reports. Shareholders of record on Tuesday, July 16th will be given a dividend of 0.0265 per share on Wednesday, July 31st. This represents a $0.32 dividend on an annualized basis and a yield of 4.04%. The ex-dividend date of this dividend is Tuesday, July 16th. This is a boost from MFS Investment Grade Municipal Trust’s previous monthly dividend of $0.03.

MFS Investment Grade Municipal Trust Stock Performance

Shares of NYSE:CXH opened at $7.88 on Wednesday. The business has a 50 day moving average price of $7.60 and a 200 day moving average price of $7.55. MFS Investment Grade Municipal Trust has a twelve month low of $6.41 and a twelve month high of $7.97.

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.