MFS High Yield Municipal Trust (NYSE:CMU – Get Free Report) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Investors of record on Tuesday, February 18th will be paid a dividend of 0.0145 per share on Friday, February 28th. This represents a $0.17 annualized dividend and a yield of 4.92%. The ex-dividend date is Tuesday, February 18th.
MFS High Yield Municipal Trust has decreased its dividend by an average of 5.9% per year over the last three years.
MFS High Yield Municipal Trust Stock Performance
Shares of NYSE:CMU opened at $3.54 on Wednesday. The business has a 50 day simple moving average of $3.55 and a two-hundred day simple moving average of $3.57. MFS High Yield Municipal Trust has a 1 year low of $3.20 and a 1 year high of $3.70.
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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