MFS High Yield Municipal Trust (NYSE:CMU - Get Free Report) announced a monthly dividend on Friday, November 1st, Wall Street Journal reports. Shareholders of record on Tuesday, November 12th will be paid a dividend of 0.0145 per share on Friday, November 29th. This represents a $0.17 annualized dividend and a dividend yield of 4.89%. The ex-dividend date is Tuesday, November 12th.
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 Stock Up 0.3 %
Shares of CMU stock traded up $0.01 during mid-day trading on Monday, reaching $3.56. The stock had a trading volume of 20,577 shares, compared to its average volume of 54,596. MFS High Yield Municipal Trust has a 1-year low of $2.89 and a 1-year high of $3.70. The business's fifty day moving average is $3.61 and its 200-day moving average is $3.48.
About MFS High Yield Municipal Trust
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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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