MFS Investment Grade Municipal Trust
CXHStock · monthly payer
Forward Yield
8.94%
Annual Dividend
$0.37
Payout Ratio
—
5-Yr Growth
-3.7%
Ex-Date
—
Frequency
Monthly
Summary
As of September 2026, MFS Investment Grade Municipal Trust (CXH) yields 8.94% ($0.37 per share annually), with a blended fair-value estimate of $5.93 — -22% downside, so it screens as overvalued. Dividend safety grade: C (63/100). 2 years of dividend growth.
Is CXH a good dividend stock?
Yes, with caveatsMFS Investment Grade Municipal Trust (CXH) pays a monthly dividend yielding 8.94% ($0.37/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2023
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 8.94%
- Payout Ratio
- —
- Annual Dividend
- $0.37
- 5-Yr Avg Growth
- -3.7%
- Ex-Dividend Date
- —
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- 0.67
- Market Cap
- $31.3M
- P/E Ratio
- 381.5
- 5-Yr Total Return
- —
- 52-Week Range
- —
- Dividend Safety
- C · 63/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
CXH Price — Last 12 Months
Daily close
Price Return
1 Year
—
3 Years
—
5 Years
—
52-Week Range
—
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CXH worth?
Overvaluedlow confidenceOur blended fair-value estimate for MFS Investment Grade Municipal Trust is $5.93 per share, versus a market price of $7.63. That implies 22% of downside.
Fair Value
$5.93
Current Price
$7.63
Downside
-22%
Margin of Safety
-29%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 7.7% discount rate (CAPM), -4.4% stage-1 growth, 2.5% terminal growth, $0.02 EPS, $0.37 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CXH Dividend Safety Score
Borderline
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 21, 2026 | — | $0.1710 | regular |
| May 21, 2026 | — | $0.1708 | regular |
| May 19, 2026 | — | $0.0340 | regular |
| Apr 14, 2026 | — | $0.0340 | regular |
| Mar 17, 2026 | — | $0.0340 | regular |
| Feb 17, 2026 | — | $0.0340 | regular |
| Jan 20, 2026 | — | $0.0340 | regular |
| Dec 16, 2025 | — | $0.0340 | regular |
| Nov 18, 2025 | — | $0.0340 | regular |
| Oct 14, 2025 | — | $0.0340 | regular |
| Sep 16, 2025 | — | $0.0340 | regular |
| Aug 19, 2025 | — | $0.0340 | regular |
| Jul 15, 2025 | — | $0.0340 | regular |
| Jun 17, 2025 | — | $0.0320 | regular |
Income Calculator
At $0.37 / yr per share
