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

MFS High Yield Municipal Trust logo with Finance background

MFS High Yield Municipal Trust (NYSE:CMU - Get Free Report) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Stockholders of record on Tuesday, January 14th will be given a dividend of 0.0145 per share on Friday, January 31st. This represents a $0.17 dividend on an annualized basis and a dividend yield of 4.89%. The ex-dividend date is Tuesday, January 14th.

MFS High Yield Municipal Trust has decreased its dividend by an average of 14.8% annually over the last three years.

MFS High Yield Municipal Trust Trading Up 0.8 %

MFS High Yield Municipal Trust stock traded up $0.03 during midday trading on Friday, reaching $3.56. The stock had a trading volume of 30,734 shares, compared to its average volume of 42,667. MFS High Yield Municipal Trust has a twelve month low of $3.20 and a twelve month high of $3.70. The firm's fifty day simple moving average is $3.57 and its two-hundred day simple moving average is $3.56.

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.

See Also

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

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