MFS Investment Grade Municipal Trust (NYSE:CXH) Raises Dividend to $0.03 Per Share

Posted by Renee Jackson on Mar 4th, 2025

MFS Investment Grade Municipal Trust (NYSE:CXH – Get Free Report) declared a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Shareholders of record on Tuesday, March 18th will be given a dividend of 0.0275 per share on Monday, March 31st. This represents a $0.33 annualized dividend and a yield of 4.07%. The ex-dividend date is Tuesday, March 18th. This is an increase from MFS Investment Grade Municipal Trust’s previous monthly dividend of $0.03.

MFS Investment Grade Municipal Trust Stock Down 1.0 %

NYSE CXH traded down $0.08 during mid-day trading on Tuesday, reaching $8.10. 11,264 shares of the stock were exchanged, compared to its average volume of 18,179. The business’s fifty day simple moving average is $8.02 and its 200 day simple moving average is $8.10. MFS Investment Grade Municipal Trust has a 1-year low of $7.30 and a 1-year high of $8.36.

MFS Investment Grade Municipal Trust Company Profile

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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.