MFS Investment Grade Municipal Trust (CXH) has released its latest dividend information, with the ex-dividend date set for Jul 15, 2025. This announcement follows the most recent dividend payout on Jun 30, 2025, which was $0.032 per share. The upcoming dividend, payable on Jul 31, 2025, amounts to $0.034 per share, representing a slight increase from the last distribution. However, this figure is lower compared to the average of the last ten dividends, which stands at approximately $0.046 per share. The dividend type for both distributions is cash dividend.
Recently, MFS Investment Grade Municipal Trust has been the subject of several noteworthy developments. Analysts have highlighted a comprehensive overview of CXH, detailing its market performance and interest as a closed-end management investment company. The trust aims to provide shareholders with current income exempt from taxes, an aspect that continues to attract investor attention. Over the past week, there has been significant interest in the company's options chain data, which includes strike prices and expiration dates. This surge in interest reflects the growing market activity surrounding CXH and its strategic positioning within the tax-exempt municipal bonds category. Additionally, industry analysts have noted a recent fluctuation in the trust's stock price, with CXH trading at $7.62, experiencing a modest increase of 0.02%. These movements indicate a stable yet dynamic market environment for CXH, as investors assess the trust's fundamental strengths and potential for future growth.
In conclusion, the dividend information provided by MFS Investment Grade Municipal Trust offers key insights for investors ahead of the ex-dividend date on Jul 15, 2025. This date is crucial as it marks the last opportunity for investors to purchase shares and be eligible for the upcoming dividend payout. Any acquisitions made after Jul 15, 2025, will not confer rights to the current dividend distribution.
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