MFS Municipal Income Trust to Issue Monthly Dividend of $0.03 (MFM)

MFS Municipal Income Trust (NYSE:MFM) announced a monthly dividend on Tuesday, December 4th, Wall Street Journal reports. Shareholders of record on Wednesday, December 19th will be paid a dividend of 0.0295 per share by the closed-end fund on Monday, December 31st. This represents a $0.35 dividend on an annualized basis and a yield of 5.47%. The ex-dividend date of this dividend is Tuesday, December 18th.

MFS Municipal Income Trust has raised its dividend payment by an average of 1.6% per year over the last three years.

NYSE MFM traded up $0.06 on Wednesday, reaching $6.47. The company had a trading volume of 138,940 shares, compared to its average volume of 91,069. MFS Municipal Income Trust has a 12 month low of $6.04 and a 12 month high of $6.97.



ILLEGAL ACTIVITY WARNING: “MFS Municipal Income Trust to Issue Monthly Dividend of $0.03 (MFM)” was published by Dakota Financial News and is the sole property of of Dakota Financial News. If you are reading this piece on another website, it was illegally stolen and reposted in violation of United States & international copyright and trademark law. The correct version of this piece can be viewed at https://dakotafinancialnews.com/2018/12/05/mfs-municipal-income-trust-to-issue-monthly-dividend-of-0-03-mfm.html.

MFS Municipal Income Trust Company Profile

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.

Read More: Benefits of owning preferred stock

Dividend History for MFS Municipal Income Trust (NYSE:MFM)

Receive News & Ratings for MFS Municipal Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MFS Municipal Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply