Mfs Muni Inc Tr Announces Monthly Dividend of $0.02 (NYSE:MFM)

Mfs Muni Inc Tr (NYSE:MFM) declared a monthly dividend on Monday, December 1st. Investors of record on Tuesday, December 16th will be given a dividend of 0.024 per share by the closed-end fund on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend is Tuesday, December 16th.

Mfs Muni Inc Tr Stock Down 0.2%

NYSE MFM traded down $0.01 during trading on Tuesday, reaching $5.34. 110,388 shares of the stock traded hands, compared to its average volume of 133,753. Mfs Muni Inc Tr has a fifty-two week low of $4.94 and a fifty-two week high of $5.70. The stock’s 50-day moving average price is $5.38 and its 200 day moving average price is $5.23.

About Mfs Muni Inc Tr

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.