MFS Municipal Income Trust (NYSE:MFM) Declares Dividend of $0.02

MFS Municipal Income Trust (NYSE:MFM) announced a dividend on Thursday, August 1st, NASDAQ reports. Shareholders of record on Tuesday, August 13th will be given a dividend of 0.0215 per share by the closed-end fund on Friday, August 30th. The ex-dividend date is Tuesday, August 13th.

MFS Municipal Income Trust Trading Up 0.9 %

Shares of MFS Municipal Income Trust stock traded up $0.05 on Friday, hitting $5.50. 173,909 shares of the company’s stock were exchanged, compared to its average volume of 97,313. The company has a 50-day simple moving average of $5.33 and a 200-day simple moving average of $5.27. MFS Municipal Income Trust has a 1 year low of $4.37 and a 1 year high of $5.51.

About MFS Municipal Income Trust

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.