Looking at the universe of stocks we cover at Dividend Channel, on 7/16/13, MFS Municipal Income Fund (MFM) will trade ex-dividend, for its monthly dividend of $0.037, payable on 7/31/13. As a percentage of MFM's recent stock price of $6.63, this dividend works out to approximately 0.56%, so look for shares of MFS Municipal Income Fund to trade 0.56% lower — all else being equal — when MFM shares open for trading on 7/16/13.
Reminder - MFS Municipal Income Fund (MFM) Goes Ex-Dividend Soon
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts