Monday Is Your Last Chance To Buy Mfs High Inc Municipal Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Mfs High Inc Municipal (NYSE:CXE) has announced a monthly dividend of 1.25 cents per share. To be eligible for this dividend, shareholders must own the stock before the ex-dividend date, which is Tuesday. The dividend will be paid out on July 31, 2023.
July 13, 2023 | 2:47 pm
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Mfs High Inc Municipal (NYSE:CXE) will pay a monthly dividend of 1.25 cents per share. The stock will likely open lower on Tuesday to reflect the payout.
The announcement of a dividend payout usually leads to a short-term decrease in the stock price as the stock goes ex-dividend. In this case, Mfs High Inc Municipal (NYSE:CXE) is expected to open lower on Tuesday to reflect the dividend payout.
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