Mfs Muni Inc Tr (NYSE:MFM) to Issue Monthly Dividend of $0.02

Mfs Muni Inc Tr (NYSE:MFM) announced a monthly dividend on Monday, December 1st. Investors of record on Tuesday, December 16th will be paid a dividend of 0.024 per share by the closed-end fund on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 5.4%. The ex-dividend date of this dividend is Tuesday, December 16th.

Mfs Muni Inc Tr Trading Down 0.2%

NYSE MFM traded down $0.01 during trading on Tuesday, hitting $5.34. The stock had a trading volume of 110,388 shares, compared to its average volume of 133,753. Mfs Muni Inc Tr has a 12 month low of $4.94 and a 12 month high of $5.70. The company’s 50-day moving average price is $5.38 and its two-hundred day moving average price is $5.23.

Mfs Muni Inc Tr Company Profile

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.