MFS High Income Municipal Trust (NYSE:CXE – Get Free Report) declared a monthly dividend on Thursday, February 1st, Zacks reports. Stockholders of record on Wednesday, February 14th will be given a dividend of 0.014 per share on Thursday, February 29th. This represents a $0.17 dividend on an annualized basis and a dividend yield of 4.69%. The ex-dividend date of this dividend is Tuesday, February 13th. This is an increase from MFS High Income Municipal Trust’s previous monthly dividend of $0.01.
MFS High Income Municipal Trust Stock Down 1.4 %
Shares of NYSE CXE opened at $3.58 on Monday. MFS High Income Municipal Trust has a 12-month low of $2.95 and a 12-month high of $3.74. The stock’s fifty day simple moving average is $3.56 and its two-hundred day simple moving average is $3.38.
Institutional Trading of MFS High Income Municipal Trust
Several hedge funds and other institutional investors have recently made changes to their positions in CXE. Envestnet Asset Management Inc. acquired a new position in MFS High Income Municipal Trust during the 1st quarter valued at about $40,000. NewEdge Advisors LLC purchased a new position in shares of MFS High Income Municipal Trust in the first quarter worth $50,000. Nomura Holdings Inc. acquired a new stake in shares of MFS High Income Municipal Trust during the second quarter worth $73,000. Stifel Financial Corp purchased a new stake in MFS High Income Municipal Trust during the 2nd quarter valued at about $68,000. Finally, Townsquare Capital LLC increased its holdings in shares of MFS High Income Municipal Trust by 81.9% in the fourth quarter. Townsquare Capital LLC now owns 24,732 shares of the company’s stock valued at $86,000 after purchasing an additional 11,133 shares during the period. Hedge funds and other institutional investors own 23.60% of the company’s stock.
About MFS High Income Municipal Trust
MFS High Income Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets. It primarily invests in municipal bonds and local general obligations of various sectors, such as multifamily, hospitals, care retirement, and investor-owned utilities.
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