MFS Municipal Income Trust (MFM) To Go Ex-Dividend on August 13th

MFS Municipal Income Trust (NYSE:MFM) announced a dividend on Thursday, August 1st, NASDAQ reports. Stockholders of record on Tuesday, August 13th will be paid a dividend of 0.0215 per share by the closed-end fund on Friday, August 30th. The ex-dividend date of this dividend is Tuesday, August 13th.

MFS Municipal Income Trust Price Performance

Shares of NYSE:MFM traded up $0.05 during trading on Friday, hitting $5.50. 173,909 shares of the stock were exchanged, compared to its average volume of 97,313. MFS Municipal Income Trust has a 1-year low of $4.37 and a 1-year high of $5.51. The company’s fifty day simple moving average is $5.33 and its 200-day simple moving average is $5.27.

About MFS Municipal Income Trust

MFS Municipal Income Trust 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.