MFS Investment Grade Municipal Trust (CXH) To Go Ex-Dividend on April 14th
by Amy Steele · The Cerbat GemMFS Investment Grade Municipal Trust (NYSE:CXH – Get Free Report) declared a monthly dividend on Wednesday, April 1st. Investors of record on Tuesday, April 14th will be given a dividend of 0.034 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend is Tuesday, April 14th.
MFS Investment Grade Municipal Trust Price Performance
CXH opened at $8.26 on Friday. The company’s 50-day moving average is $8.15 and its 200 day moving average is $8.03. MFS Investment Grade Municipal Trust has a fifty-two week low of $7.34 and a fifty-two week high of $8.39.
MFS Investment Grade Municipal Trust Company Profile
MFS Investment Grade Municipal Trust (NYSE: CXH) is a non-diversified, closed-end management investment company that seeks to provide shareholders with current income exempt from federal income taxes. Trading on the New York Stock Exchange since its inception in 1982, the fund primarily acquires investment-grade municipal securities, including general obligation and revenue bonds issued by states, municipalities and public authorities across the United States.
The trust’s portfolio is constructed to balance credit quality and yield, focusing on bonds rated BBB or higher by nationally recognized rating agencies.