MFS High Income Municipal Trust (NYSE:CXE) Plans $0.02 Monthly Dividend

MFS High Income Municipal Trust (NYSE:CXE - Get Free Report) declared a monthly dividend on Wednesday, April 1st. Stockholders of record on Tuesday, April 14th will be paid a dividend of 0.018 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date of this dividend is Tuesday, April 14th.MFS High Income Municipal Trust Stock PerformanceShares of CXE opened at $3.75 on Friday. MFS High Income Municipal Trust has a fifty-two week low of $3.38 and a fifty-two week high of $3.88. The business's 50-day moving average is $3.79 and its 200-day moving average is $3.74. About MFS High Income Municipal Trust (Get Free Report)MFS High Income Municipal Trust NYSE: CXE is a diversified, closed-end management investment company that seeks to provide shareholders with high current income exempt from regular federal income tax. The fund achieves this objective by investing primarily in a portfolio of municipal obligations, which may include general obligation bonds, revenue bonds and other municipal securities issued by state and local governments throughout the United States. The trust focuses on both investment-grade and below-investment-grade municipal securities, aiming to capture wider spreads in the high-yield segment of the municipal bond market.Featured ArticlesFive stocks we like better than MFS High Income Municipal TrustThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in MFS High Income Municipal Trust Right Now?Before you consider MFS High Income Municipal Trust, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MFS High Income Municipal Trust wasn't on the list.While MFS High Income Municipal Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here