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

MFS High Yield Municipal Trust (NYSE:CMU) announced a dividend on Thursday, August 1st, NASDAQ reports. Stockholders of record on Tuesday, August 13th will be given a dividend of 0.0145 per share on Friday, August 30th. The ex-dividend date is Tuesday, August 13th.

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

MFS High Yield Municipal Trust Stock Up 0.8 %

CMU stock traded up $0.03 during mid-day trading on Friday, reaching $3.59. The company’s stock had a trading volume of 38,740 shares, compared to its average volume of 43,340. The company’s 50 day moving average is $3.43 and its two-hundred day moving average is $3.34. MFS High Yield Municipal Trust has a fifty-two week low of $2.78 and a fifty-two week high of $3.61.

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.