MFS Municipal Income Trust (MFM) Plans $0.03 Monthly Dividend

MFS Municipal Income Trust (NYSE:MFM) declared a monthly dividend on Thursday, January 3rd, Wall Street Journal reports. Stockholders of record on Wednesday, January 16th will be paid a dividend of 0.029 per share by the closed-end fund on Thursday, January 31st. This represents a $0.35 annualized dividend and a dividend yield of 5.40%. The ex-dividend date of this dividend is Tuesday, January 15th.

MFS Municipal Income Trust has increased its dividend by an average of 0.3% annually over the last three years.

Shares of MFM stock opened at $6.44 on Thursday. MFS Municipal Income Trust has a 12-month low of $6.04 and a 12-month high of $6.90.

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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.

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

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