MFS Investment Grade Municipal Trust Dividend
Dividend criteria checks 2/6
MFS Investment Grade Municipal Trust is a dividend paying company with a current yield of 3.7%.
Key information
3.7%
Dividend yield
145%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.19 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
MFS Investment Grade Municipal Trust raises dividend by 15.6% to $0.026
Feb 03MFS Investment Grade Municipal Trust declares $0.0245 dividend
Nov 03MFS Investment Grade Municipal Trust declines by -1.9% to $0.026/share
Oct 03MFS Investment Grade Municipal Trust declares $0.0265 dividend
Sep 01MFS Investment Grade Municipal Trust declares $0.028 dividend
Aug 02MFS Investment Grade Municipal Trust declares $0.028 dividend
Jul 05MFS Investment Grade Municipal Trust declares $0.037 dividend
May 10MFS Investment Grade Municipal Trust declares $0.037 dividend
Feb 04MFS Investment Grade Municipal Trust declares $0.037 dividend
Jan 05MFS Investment Grade Municipal Trust declares $0.0296 dividend
Dec 03MFS Investment Grade Municipal Trust declares $0.037 dividend
Nov 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CXH's dividend payments have been volatile in the past 10 years.
Growing Dividend: CXH's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
MFS Investment Grade Municipal Trust Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CXH) | 3.7% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Capital Markets) | 2.4% |
Analyst forecast in 3 Years (CXH) | n/a |
Notable Dividend: CXH's dividend (3.7%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: CXH's dividend (3.7%) is low compared to the top 25% of dividend payers in the US market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (145.2%), CXH's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.9%), CXH's dividend payments are well covered by cash flows.