MFS High Yield Municipal Trust (NYSE:CMU – Get Free Report) announced a monthly dividend on Wednesday, September 4th, Wall Street Journal reports. Investors of record on Tuesday, September 17th will be given a dividend of 0.0145 per share on Monday, September 30th. This represents a $0.17 dividend on an annualized basis and a dividend yield of 4.83%. The ex-dividend date of this dividend is Tuesday, September 17th.
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 Price Performance
NYSE CMU remained flat at $3.60 on Wednesday. 201,478 shares of the company’s stock traded hands, compared to its average volume of 53,492. MFS High Yield Municipal Trust has a 12 month low of $2.78 and a 12 month high of $3.61. The firm has a fifty day simple moving average of $3.51 and a 200-day simple moving average of $3.38.
About MFS High Yield Municipal Trust
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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