Reminder - MFS Municipal Income Trust (MFM) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 4/16/13, MFS Municipal Income Trust ( MFM) will trade ex-dividend, for its monthly dividend of $0.037, payable on 4/30/13. As a percentage of MFM's recent stock price of $7.61, this dividend works out to approximately 0.49%.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for MFM, showing historical dividends prior to the most recent $0.037 declared by MFS Municipal Income Trust:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MFM is likely to continue, and whether the current estimated yield of 5.83% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MFM shares, versus its 200 day moving average:

MFS Municipal Income Trust 200 Day Moving Average Chart

Looking at the chart above, MFM's low point in its 52 week range is $7.17 per share, with $8.34 as the 52 week high point — that compares with a last trade of $7.62.

In Friday trading, MFS Municipal Income Trust shares are currently up about 0.8% on the day.