MFS High Yield Municipal Trust (NYSE:CMU – Get Rating) announced a monthly dividend on Friday, September 2nd, Wall Street Journal reports. Shareholders of record on Wednesday, September 14th will be paid a dividend of 0.0145 per share on Friday, September 30th. This represents a $0.17 dividend on an annualized basis and a yield of 5.27%. The ex-dividend date is Tuesday, September 13th.
MFS High Yield Municipal Trust has decreased its dividend payment by an average of 7.0% annually over the last three years.
MFS High Yield Municipal Trust Trading Down 0.3 %
Shares of NYSE CMU opened at $3.30 on Friday. MFS High Yield Municipal Trust has a twelve month low of $3.14 and a twelve month high of $4.80. The stock has a 50 day moving average of $3.47 and a two-hundred day moving average of $3.57.
Institutional Investors Weigh In On MFS High Yield Municipal Trust
About MFS High Yield Municipal Trust
MFS High Yield Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in tax-exempt bonds and tax-exempt notes. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index.
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