Is MFS High Income Municipal Trust a good dividend stock?

MFS High Income Municipal Trust (CXE) is a dividend-paying stock with a current dividend yield of 4.93%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is CXE's dividend yield?

The dividend yield for CXE stock is currently 4.93%.

How much does CXE pay in dividends per year?

MFS High Income Municipal Trust pays an annual dividend of $0.1800 per share over the trailing twelve months.

How often does CXE pay dividends?

CXE stock pays dividends monthly.

Is CXE's dividend growing?

MFS High Income Municipal Trust's 3-year dividend CAGR is 4.7%.

CXE Stock Price, Chart, Stats & News

MFS High Income Municipal Trust

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Overview Dividend safety Dividends Fundamentals

MFS High Income Municipal Trust (CXE) is a dividend-paying stock with a current dividend yield of 4.93% as of Jun 5, 2026. It pays $0.1800 per share over the trailing twelve months and distributes monthly. Its dividend has grown at a -4.71% 5-year compound annual rate.

115.07M

Market cap

239.97x

Current P/E

–

Forward P/E

4.93%

Dividend yield

$0.1800

CXE dividend

Dividend safety

At-risk

CXE pays out about 1183% of earnings, leaving little safety margin.

See the safety analysis

CXE chart

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Fundamentals

Gross margin	93.75%
Operating margin	164.63%
Pretax margin	0.82%
Net margin	0.82%
Effective tax rate	–
ROA	0.04%
ROE	0.06%
D/E	0.53x
Interest coverage ratio	4.82x

All financials

CXE valuation

P/E	239.97x
P/S	12.51x
P/B	0.88x
P/CF	18.88x
P/FCF	18.88x
P/OCF	18.88x
PEG	-15.20x
EV multiple	4.27x

About

MFS High Income Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets. It primarily invests in municipal bonds and local general obligations of various sectors, such as multifamily, hospitals, care retirement, and investor-owned utilities.