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

MFS Investment Grade Municipal Trust (NYSE:CXH) declared a monthly dividend on Tuesday, October 1st, Wall Street Journal reports. Shareholders of record on Tuesday, October 15th will be given a dividend of 0.0265 per share on Thursday, October 31st. This represents a $0.32 annualized dividend and a yield of 3.85%. The ex-dividend date is Tuesday, October 15th.

MFS Investment Grade Municipal Trust Trading Down 0.1 %

Shares of CXH stock opened at $8.25 on Thursday. The firm has a fifty day moving average price of $8.12 and a 200 day moving average price of $7.80. MFS Investment Grade Municipal Trust has a 12 month low of $6.41 and a 12 month high of $8.28.

About MFS Investment Grade Municipal Trust

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.