CXE vs GAINI: Which Is the Better Dividend Stock?
As of Aug 8, 2026, CXE (MFS High Income Municipal Trust) screens as the stronger dividend stock, winning 3 of 4 head-to-head metrics. CXE offers the higher yield at 6.73%, CXE has the higher dividend-safety score, and CXE looks like the better value (its fair-value estimate is 16% below its share price).
Key facts: CXE vs GAINI
Data as of · Source: SmarterDividends data
- As of Aug 8, 2026, MFS High Income Municipal Trust (CXE) has the higher forward dividend yield at 6.73%, versus 5.90% for Gladstone Investment Corporation (GAINI).
- By SmarterDividends' count as of Aug 8, 2026, CXE has raised its dividend for 2 consecutive years and GAINI for 0.
- As of Aug 8, 2026, CXE's fair-value estimate is 16% below its share price and GAINI's fair-value estimate is 59% below its share price, so CXE looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CXE vs GAINI: Dividend Yield, Safety & Value Compared," updated Aug 8, 2026, https://smarterdividends.com/compare/cxe-vs-gaini
| Metric | CXE | GAINI |
|---|---|---|
| Forward yield | 6.73% | 5.90% |
| Annual dividend | $0.21 | $0.96 |
| Payout ratio | — | — |
| Years of growth | 2 yr | 0 yr |
| 5-yr dividend growth | -3.2% | — |
| 5-yr total return | — | — |
| Dividend safety score | 63 (C) | — |
| Fair value estimate | $3.07 | $10.23 |
| Upside to fair value | -16% | -59% |
| Frequency | monthly | quarterly |
| Market cap | $115.1M | — |
| P/E ratio | 365.0 | — |
Higher yield
CXE
6.73%
Safer dividend
CXE
Grade C
Faster growth
CXE
-3.2%
Better value
CXE
-16% upside
CXE vs GAINI — FAQ
Is CXE or GAINI a better dividend stock?
On the data, CXE wins more head-to-head categories (3 vs 1). CXE offers the higher yield (6.73%), while CXE has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, CXE or GAINI?
CXE has the higher forward dividend yield at 6.73%, versus 5.90% for GAINI.
Is CXE or GAINI safer?
Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.
Is CXE or GAINI better value right now?
As of Aug 8, 2026, CXE looks like the better value: its fair-value estimate is 16% below its share price (overvalued). For GAINI, its fair-value estimate is 59% below its share price.
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.

