MFS High Income Municipal Trust
CXEFinancial Services · Stock · monthly payer
$3.70
Add to PortfolioForward Yield
5.84%
Annual Dividend
$0.22
Payout Ratio
2070%
5-Yr Growth
-3.0%
Ex-Date
May 21, 2026
Frequency
Monthly
CXE Dividend Safety Score
55/ 100
Grade C
Borderline
Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage2070% of earnings paid out
Balance-sheet strengthDebt/equity of 0.53
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is CXE a good dividend stock?
MixedMFS High Income Municipal Trust (CXE) pays a monthly dividend yielding 5.84% ($0.22/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2023
- Elevated payout ratio (2070%)
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.84%
- Payout Ratio
- 2070%
- Annual Dividend
- $0.22
- 5-Yr Avg Growth
- -3.0%
- Ex-Dividend Date
- May 21, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- 0.76
- Market Cap
- $116.6M
- P/E Ratio
- 370.0
- 5-Yr Total Return
- -30%
- 52-Week Range
- $3.40 – $3.88
- Dividend Safety
- C · 55/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 21, 2026 | — | $0.0330 | regular |
| May 19, 2026 | — | $0.0180 | regular |
| Apr 14, 2026 | — | $0.0180 | regular |
| Mar 17, 2026 | — | $0.0180 | regular |
| Feb 17, 2026 | — | $0.0180 | regular |
| Jan 20, 2026 | — | $0.0180 | regular |
| Dec 16, 2025 | — | $0.0180 | regular |
| Nov 18, 2025 | — | $0.0180 | regular |
| Oct 14, 2025 | — | $0.0180 | regular |
| Sep 16, 2025 | — | $0.0180 | regular |
| Aug 19, 2025 | — | $0.0180 | regular |
| Jul 15, 2025 | — | $0.0180 | regular |
| Jun 17, 2025 | — | $0.0180 | regular |
| May 13, 2025 | — | $0.0170 | regular |
Income Calculator
At $0.22 / yr per share
Per payment (monthly)$1.83
Annual$22.00
Monthly avg$1.83
