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

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

MFS Municipal Income Trust Price Performance

Shares of NYSE MFM traded up $0.05 during midday trading on Friday, reaching $5.50. The company’s stock had a trading volume of 173,909 shares, compared to its average volume of 97,313. MFS Municipal Income Trust has a 12-month low of $4.37 and a 12-month high of $5.51. The firm has a 50 day moving average price of $5.33 and a 200-day moving average price of $5.27.

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.