MFS Municipal Income Trust (NYSE:MFM) Declares Monthly Dividend of $0.03

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MFS Municipal Income Trust (NYSE:MFM) announced a monthly dividend on Tuesday, May 4th, Wall Street Journal reports. Shareholders of record on Wednesday, May 19th will be given a dividend of 0.026 per share by the closed-end fund on Friday, May 28th. This represents a $0.31 dividend on an annualized basis and a yield of 4.49%. The ex-dividend date of this dividend is Tuesday, May 18th.

MFM stock traded up $0.03 during mid-day trading on Tuesday, reaching $6.95. The company had a trading volume of 70,513 shares, compared to its average volume of 94,316. The firm has a fifty day simple moving average of $6.82 and a 200 day simple moving average of $6.66. MFS Municipal Income Trust has a fifty-two week low of $5.87 and a fifty-two week high of $6.96.

MFS Municipal Income Trust 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.

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Dividend History for MFS Municipal Income Trust (NYSE:MFM)

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