MFS Municipal Income Trust (NYSE:MFM – Get Free Report) declared a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Stockholders of record on Wednesday, May 15th will be paid a dividend of 0.0205 per share by the closed-end fund on Friday, May 31st. This represents a $0.25 annualized dividend and a dividend yield of 4.79%. The ex-dividend date of this dividend is Tuesday, May 14th.
MFS Municipal Income Trust has decreased its dividend by an average of 12.1% annually over the last three years.
MFS Municipal Income Trust Trading Up 0.8 %
NYSE:MFM opened at $5.14 on Friday. MFS Municipal Income Trust has a 1-year low of $4.37 and a 1-year high of $5.48. The company’s 50-day moving average is $5.23 and its two-hundred day moving average is $5.10.
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.
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