MFS High Yield Municipal Trust (NYSE:CMU) to Issue $0.02 Monthly Dividend

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MFS High Yield Municipal Trust (NYSE:CMU) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Stockholders of record on Wednesday, December 18th will be given a dividend of 0.0185 per share on Tuesday, December 31st. This represents a $0.22 annualized dividend and a dividend yield of 4.62%. The ex-dividend date of this dividend is Tuesday, December 17th.

CMU stock traded down $0.03 during trading on Wednesday, reaching $4.81. The company had a trading volume of 15,859 shares, compared to its average volume of 47,691. MFS High Yield Municipal Trust has a 52 week low of $4.08 and a 52 week high of $4.99. The business has a 50 day moving average of $4.67 and a 200 day moving average of $4.72.

MFS High Yield Municipal Trust Company Profile

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: What is dividend yield?

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

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