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

MFS High Yield Municipal Trust (NYSE:CMU - Get Free Report) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Shareholders of record on Tuesday, February 18th will be given a dividend of 0.0145 per share on Friday, February 28th. This represents a $0.17 dividend on an annualized basis and a dividend yield of 4.89%. The ex-dividend date is Tuesday, February 18th.

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 Trading Down 0.1 %

Shares of MFS High Yield Municipal Trust stock traded down $0.01 on Friday, reaching $3.56. 106,680 shares of the stock were exchanged, compared to its average volume of 68,884. The business has a 50 day moving average price of $3.54 and a two-hundred day moving average price of $3.57. MFS High Yield Municipal Trust has a twelve month low of $3.20 and a twelve month high of $3.70.

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.