MFS High Yield Municipal Trust (NYSE:CMU - Get Free Report) announced a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be paid a dividend of 0.0145 per share on Wednesday, April 30th. This represents a $0.17 annualized dividend and a yield of 4.97%. The ex-dividend date of this dividend is Tuesday, April 15th.
MFS High Yield Municipal Trust has decreased its dividend by an average of 5.9% per year over the last three years.
MFS High Yield Municipal Trust Price Performance
MFS High Yield Municipal Trust stock traded down $0.02 during trading hours on Monday, reaching $3.50. The company had a trading volume of 117,268 shares, compared to its average volume of 52,186. MFS High Yield Municipal Trust has a 12-month low of $3.20 and a 12-month high of $3.70. The company has a 50-day moving average price of $3.55 and a 200 day moving average price of $3.57.
MFS High Yield Municipal Trust Company Profile
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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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