MFS Investment Grade Municipal Trust Plans Monthly Dividend of $0.04 (NYSE:CXH)

MFS Investment Grade Municipal Trust (NYSE:CXH) declared a monthly dividend on Monday, November 2nd, Zacks reports. Investors of record on Wednesday, November 18th will be paid a dividend of 0.037 per share on Monday, November 30th. This represents a $0.44 dividend on an annualized basis and a yield of 4.74%. The ex-dividend date is Tuesday, November 17th.

Shares of MFS Investment Grade Municipal Trust stock opened at $9.36 on Monday. The stock has a 50-day moving average price of $9.31. MFS Investment Grade Municipal Trust has a 1 year low of $7.00 and a 1 year high of $10.41.

MFS Investment Grade Municipal Trust Company Profile

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.

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