MFS High Yield Municipal Trust (NYSE:CMU) to Issue Monthly Dividend of $0.01

MFS High Yield Municipal Trust (NYSE:CMUGet Free Report) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Stockholders of record on Tuesday, February 18th will be paid a dividend of 0.0145 per share on Friday, February 28th. This represents a $0.17 annualized dividend and a dividend yield of 4.92%. The ex-dividend date is Tuesday, February 18th.

MFS High Yield Municipal Trust has decreased its dividend payment by an average of 5.9% annually over the last three years.

MFS High Yield Municipal Trust Price Performance

NYSE:CMU traded up $0.01 during mid-day trading on Tuesday, hitting $3.54. 34,720 shares of the company’s stock traded hands, compared to its average volume of 60,583. The firm has a 50 day moving average of $3.55 and a two-hundred day moving average of $3.57. MFS High Yield Municipal Trust has a 12 month low of $3.20 and a 12 month high of $3.70.

MFS High Yield Municipal Trust Company Profile

(Get Free Report)

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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Dividend History for MFS High Yield Municipal Trust (NYSE:CMU)

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