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

MFS Investment Grade Municipal Trust (NYSE:CXH) announced a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Stockholders of record on Tuesday, February 18th will be paid a dividend of 0.0265 per share on Friday, February 28th. This represents a $0.32 annualized dividend and a dividend yield of 3.95%. The ex-dividend date is Tuesday, February 18th.

MFS Investment Grade Municipal Trust Stock Up 0.4 %

Shares of NYSE:CXH traded up $0.03 during trading on Tuesday, hitting $8.05. 12,870 shares of the company were exchanged, compared to its average volume of 16,640. MFS Investment Grade Municipal Trust has a 12-month low of $7.30 and a 12-month high of $8.36. The firm’s 50 day moving average price is $8.05 and its 200-day moving average price is $8.09.

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.