MFS Intermediate High Income Fund (NYSE:CIF) Raises Dividend to $0.01 Per Share

MFS Intermediate High Income Fund (NYSE:CIF) declared a monthly dividend on Monday, February 2nd. Investors of record on Tuesday, February 17th will be paid a dividend of 0.0146 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 10.3%. The ex-dividend date is Tuesday, February 17th. This is a 0.3% increase from MFS Intermediate High Income Fund’s previous monthly dividend of $0.01.

MFS Intermediate High Income Fund Stock Performance

Shares of NYSE:CIF traded down $0.01 on Tuesday, reaching $1.71. The company’s stock had a trading volume of 15,210 shares, compared to its average volume of 54,441. The company has a 50-day simple moving average of $1.72 and a 200 day simple moving average of $1.74. MFS Intermediate High Income Fund has a 52-week low of $1.52 and a 52-week high of $1.82.

MFS Intermediate High Income Fund Company Profile

MFS Intermediate High Income Fund Inc (NYSE: CIF) is a closed-end management investment company advised by MFS Investment Management, one of the oldest global asset managers headquartered in Boston, Massachusetts. The fund seeks to provide current income and capital appreciation by allocating assets primarily to intermediate‐duration debt instruments. It trades on the New York Stock Exchange under the symbol CIF and offers investors exposure to a diversified portfolio of fixed-income securities.

The fund’s investment strategy emphasizes intermediate maturities, generally targeting bonds and loans with durations ranging from two to seven years.