Dividend Information About MFS High Income Municipal Trust: Everything You Need To Know Before Its Ex-Dividend Date on Sep 16, 2025

MFS High Income Municipal Trust (CXE) has announced its upcoming cash dividend of $0.01800000 per share, with an ex-dividend date set for Sep 16, 2025. The dividend was declared on Sep 2, 2025, and will be distributed on Sep 30, 2025. This payment is notably lower than the average of the last 10 dividends, which stood at approximately $0.0322 per share. Investors should note that the last dividend was also $0.01800000 per share, declared on Aug 29, 2025, and was similarly a cash dividend. This reduction in dividend payout suggests a recent shift in the fund’s distribution strategy or potential adjustments in its underlying income sources, warranting closer attention from shareholders.

Recently, MFS High Income Municipal Trust has seen several significant developments that could influence its market performance and investor sentiment. Over the past week, the trust experienced a notable increase in short interest, rising by 40.7% in August to reach 110,300 shares by Aug 15, 2025, signaling heightened bearish expectations among traders. Additionally, Almitas Capital LLC recently increased its stake in the trust by 13.6%, now holding over one million shares valued at approximately $3.86 million, indicating confidence in the fund’s long-term potential. Since the last update, there have also been discussions around the fund’s executive compensation practices, with analysts highlighting concerns that current structures may not fully align with the fund’s performance objectives, potentially affecting governance and investor trust.

These developments, coupled with the recent dividend announcement, suggest a complex landscape for the fund. While short sellers are becoming more active, institutional investors are stepping in, and governance concerns are emerging, all of which could influence the fund’s price and performance in the near term. Investors should carefully consider these factors when assessing the fund’s prospects.

In conclusion, MFS High Income Municipal Trust’s upcoming ex-dividend date of Sep 16, 2025, marks the final day for investors to purchase the stock and be eligible to receive the $0.01800000 per share dividend. Any purchases made after this date will not qualify for the distribution. With recent market activity and governance issues at play, investors are encouraged to closely monitor the fund’s performance and strategic direction in the coming weeks.