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

MFS Investment Grade Municipal Trust (NYSE:CXH) declared a monthly dividend on Monday, November 3rd. Shareholders of record on Tuesday, November 18th will be given a dividend of 0.034 per share on Friday, November 28th. This represents a c) dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend is Tuesday, November 18th.

MFS Investment Grade Municipal Trust Trading Up 0.1%

MFS Investment Grade Municipal Trust stock traded up $0.01 during midday trading on Tuesday, reaching $8.00. 347 shares of the stock traded hands, compared to its average volume of 20,345. The firm has a fifty day moving average price of $7.83 and a two-hundred day moving average price of $7.66. MFS Investment Grade Municipal Trust has a fifty-two week low of $7.34 and a fifty-two week high of $8.36.

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.