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Mfs Investment Grade Municipal Trust (Mfs Investment Grade Municipal Trust) Dividends per Share : $0.28 (TTM As of Nov. 2023)


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What is Mfs Investment Grade Municipal Trust Dividends per Share?

Mfs Investment Grade Municipal Trust's dividends per share for the six months ended in Nov. 2023 was $0.13. Its dividends per share for the trailing twelve months (TTM) ended in Nov. 2023 was $0.28. Its Dividend Payout Ratio for the six months ended in Nov. 2023 was 0.00. As of today, Mfs Investment Grade Municipal Trust's Dividend Yield % is 3.78%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Mfs Investment Grade Municipal Trust is 1.73, which seems too high.

Warning Sign:

Mfs Investment Grade Municipal Trust stock dividend yield is close to 10-year low.

During the past 12 months, Mfs Investment Grade Municipal Trust's average Dividends Per Share Growth Rate was -18.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -14.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -9.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Mfs Investment Grade Municipal Trust was -1.40% per year. The lowest was -14.40% per year. And the median was -5.20% per year.

For more information regarding to dividend, please check our Dividend Page.


Mfs Investment Grade Municipal Trust Dividends per Share Historical Data

The historical data trend for Mfs Investment Grade Municipal Trust's Dividends per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mfs Investment Grade Municipal Trust Dividends per Share Chart

Mfs Investment Grade Municipal Trust Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Dividends per Share
Get a 7-Day Free Trial 0.43 0.44 0.45 0.34 0.28

Mfs Investment Grade Municipal Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 0.18 0.16 0.14 0.13

Competitive Comparison of Mfs Investment Grade Municipal Trust's Dividends per Share

For the Asset Management subindustry, Mfs Investment Grade Municipal Trust's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mfs Investment Grade Municipal Trust's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mfs Investment Grade Municipal Trust's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Mfs Investment Grade Municipal Trust's Dividend Yield % falls into.



Mfs Investment Grade Municipal Trust Dividends per Share Calculation

Dividends paid to per common share.


Mfs Investment Grade Municipal Trust  (NYSE:CXH) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Mfs Investment Grade Municipal Trust's Dividend Payout Ratio for the quarter that ended in Nov. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Nov. 2023 )/ EPS without NRI (Q: Nov. 2023 )
=0.132/ -0.021
=N/A

During the past 7 years, the highest Dividend Payout Ratio of Mfs Investment Grade Municipal Trust was 4.22. The lowest was 0.42. And the median was 0.87.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Mfs Investment Grade Municipal Trust is 1.73, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Mfs Investment Grade Municipal Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0262024-04-162024-04-172024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0262024-03-122024-03-132024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0242024-02-132024-02-142024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0232024-01-162024-01-172024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0222023-12-192023-12-202023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0222023-11-142023-11-152023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0222023-10-172023-10-182023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0222023-09-122023-09-132023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0222023-08-152023-08-162023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0222023-07-182023-07-192023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0232023-06-132023-06-142023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0232023-05-162023-05-172023-05-31Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.


Mfs Investment Grade Municipal Trust's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.277/7.31
=3.79 %

Current Share Price is $7.31.
Mfs Investment Grade Municipal Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.277.

During the past 7 years, the highest Dividend Yield of Mfs Investment Grade Municipal Trust was 6.75%. The lowest was 3.59%. And the median was 4.71%.

Warning Sign:

Mfs Investment Grade Municipal Trust stock dividend yield is close to 10-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mfs Investment Grade Municipal Trust Dividends per Share Related Terms

Thank you for viewing the detailed overview of Mfs Investment Grade Municipal Trust's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Mfs Investment Grade Municipal Trust (Mfs Investment Grade Municipal Trust) Business Description

Traded in Other Exchanges
N/A
Address
111 Huntington Avenue, Boston, MA, USA, 02199
Mfs Investment Grade Municipal Trust is a United States-based diversified closed-end management investment company. Its investment objective is to seek high current income exempt from federal income tax, but may also consider capital appreciation. The fund invests a majority of its net assets, including assets attributable to preferred shares and borrowing for investment purposes, in tax-exempt bonds and tax-exempt notes.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Linda Dougherty other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Jason Kosty other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Rosa Licea-mailloux other: CHIEF COMPLIANCE OFFICER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
Manjit Singh director 111 HUNTINGTON AVENUE, BOSTON MA 02072
Melissa Kennedy other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Jacques Jr Goulet other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Peter Darrell Jones director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Edward M. Maloney officer: Officer of Advisor 111 HUNTINGTON AVENUE, BOSTON MA 02199
James W. Kilman director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Carol W. Geremia officer: PRESIDENT 111 HUNTINGTON AVENUE, BOSTON MA 02199
Kevin D Strain other: Officer of Advisor MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 02199
Karpus Management, Inc. 10 percent owner 183 SULLY'S TRAIL, PITTSFORD NY 14534