MFS Municipal Income Trust (NYSE:MFM) declared a monthly dividend on Thursday, August 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, August 15th will be given a dividend of 0.03 per share by the closed-end fund on Friday, August 31st. This represents a $0.36 annualized dividend and a dividend yield of 5.33%. The ex-dividend date is Tuesday, August 14th.
MFS Municipal Income Trust has raised its dividend by an average of 1.6% per year over the last three years.
Shares of NYSE MFM traded down $0.01 during midday trading on Friday, hitting $6.76. The stock had a trading volume of 83,700 shares, compared to its average volume of 79,304. MFS Municipal Income Trust has a 1-year low of $6.41 and a 1-year high of $7.29.
There is no company description available for MFS Municipal Income Trust.
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