CXE (Mfs Highome Municipal Trust) Dividend Payout Ratio: 0.37 (As of Nov. 2025) — 73% Below Median


CXE Mfs High Income Municipal Trust CXE
36 GF Score
Price $4.10
! 5 Warning Signs
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What is Mfs Highome Municipal Trust Dividend Payout Ratio?

Mfs Highome Municipal Trust CXE 36 Dividend Payout Ratio is 0.37 as of Nov. 2025, which is 73% below its 10-year median of 1.37. GuruFocus rates CXE with a GF Score™ of 36/100. The stock has 5 warning signs investors should review. Among 931 Asset Management companies, Mfs Highome Municipal Trust ranks worse than 97.96% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Mfs Highome Municipal Trust's Dividend Payout Ratio for the months ended in Nov. 2025 was 0.37.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Mfs High Income Municipal Trust is 15.92, which seems too high.

The historical rank and industry rank for Mfs Highome Municipal Trust's Dividend Payout Ratio or its related term are showing as below:

CXE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.35   Med: 1.37   Max: 20.7
Current: 15.92

During the past 9 years, the highest Dividend Payout Ratio of Mfs Highome Municipal Trust was 20.70. The lowest was 0.35. And the median was 1.37.

CXE's Dividend Payout Ratio is ranked worse than
97.96% of 931 companies
in the Asset Management industry
Industry Median: 0.7 vs CXE: 15.92

As of today (2026-06-30), the Dividend Yield % of Mfs Highome Municipal Trust is 5.27%.

During the past 9 years, the highest Trailing Annual Dividend Yield of Mfs Highome Municipal Trust was 7.52%. The lowest was 3.90%. And the median was 5.29%.

Mfs Highome Municipal Trust's Dividends per Share for the months ended in Nov. 2025 was $0.11.

During the past 12 months, Mfs Highome Municipal Trust's average Dividends Per Share Growth Rate was 13.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -5.50% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Mfs Highome Municipal Trust was 1.30% per year. The lowest was -14.20% per year. And the median was -7.05% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Mfs Highome Municipal Trust (NYSE:CXE) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Mfs Highome Municipal Trust Dividend Payout Ratio Related Terms

Mfs Highome Municipal Trust Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Mfs Highome Municipal Trust's Dividend Payout Ratio 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.

Mfs Highome Municipal Trust Dividend Payout Ratio Chart

Mfs Highome Municipal Trust Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only 0.61 0.00 2.23 0.35 20.70

Mfs Highome Municipal Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.50 0.51 0.27 0.00 0.37

CXE vs NMT, CGO, JHS: Dividend Payout Ratio Comparison

For the Asset Management subindustry, Mfs Highome Municipal Trust's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Highome Municipal Trust Dividend Payout Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Mfs Highome Municipal Trust's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Mfs Highome Municipal Trust's Dividend Payout Ratio falls into.


CXE
36GF Score
Mfs High Income Municipal Trust CXE
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mfs Highome Municipal Trust Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Mfs Highome Municipal Trust's Dividend Payout Ratio for the fiscal year that ended in Nov. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Nov. 2025 )/ EPS without NRI (A: Nov. 2025 )
=0.207/ 0.01
=20.70

Mfs Highome Municipal Trust's Dividend Payout Ratio for the quarter that ended in Nov. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Nov. 2025 )/ EPS without NRI (Q: Nov. 2025 )
=0.108/ 0.293
=0.37

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.37 mean?
Mfs Highome Municipal Trust (CXE) has a Dividend Payout Ratio of 0.37 as of Nov. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Mfs Highome Municipal Trust and its competitors. This is 73% below median its historical median of 1.37. Over the past decade, Mfs Highome Municipal Trust's Dividend Payout Ratio has ranged from 0.35 to 20.70. According to the industry distribution chart, Mfs Highome Municipal Trust ranks #912 out of 931 companies in the Asset Management industry, placing it in the top 98%.
Is Mfs Highome Municipal Trust's Dividend Payout Ratio too high?
Mfs Highome Municipal Trust's current Dividend Payout Ratio of 0.37 is 73% below median its 10-year median of 1.37. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 20.70. The Asset Management industry median Dividend Payout Ratio is 0.70. Mfs Highome Municipal Trust's value of 0.37 is 47.1% below this industry median. Based on the distribution chart, Mfs Highome Municipal Trust ranks #912 out of 931 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Mfs Highome Municipal Trust has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Mfs Highome Municipal Trust's Dividend Payout Ratio compare to NMT and CGO?
According to the Asset Management industry distribution chart, Mfs Highome Municipal Trust ranks #912 out of 931 companies for Dividend Payout Ratio. This places Mfs Highome Municipal Trust in the lower half of its industry. The industry median Dividend Payout Ratio is 0.70. Mfs Highome Municipal Trust's value of 0.37 is 47.1% below this benchmark. Historically, Mfs Highome Municipal Trust's own Dividend Payout Ratio has ranged from 0.35 to 20.70 over the past decade. While the company's 10-year median is 1.37 vs. the industry median of 0.70, Mfs Highome Municipal Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Asset Management company?
The median Dividend Payout Ratio among Asset Management companies is 0.70, based on 931 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mfs Highome Municipal Trust's current Dividend Payout Ratio of 0.37 is 47.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Mfs Highome Municipal Trust and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mfs Highome Municipal Trust's current Dividend Payout Ratio is 0.37, which is 73% below median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mfs Highome Municipal Trust stock overvalued right now?
Mfs Highome Municipal Trust (CXE) has a current Dividend Payout Ratio of 0.37. The current Dividend Payout Ratio is 0.37, which is 73% below median its 10-year median of 1.37 and 47.1% below the Asset Management industry median of 0.70. Mfs Highome Municipal Trust's overall GF Score™ is 36/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Mfs Highome Municipal Trust (CXE), the current Dividend Payout Ratio is 0.37 as of Nov. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mfs Highome Municipal Trust Business Description

Address 111 Huntington Avenue, Boston, MA, USA, 02199
Mfs High Income 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. The fund invests a majority of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in tax-exempt bonds and tax-exempt notes. The company's investment portfolio has shares from the industry Healthcare, Airports, and Secondary Schools.
36GF Score

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