MFS High Yield Municipal Trust (NYSE:CMU – Get Free Report) announced a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Shareholders of record on Tuesday, March 18th will be given a dividend of 0.0145 per share on Monday, March 31st. This represents a $0.17 dividend on an annualized basis and a yield of 4.83%. The ex-dividend date is Tuesday, March 18th.
MFS High Yield Municipal Trust has decreased its dividend payment by an average of 5.9% annually over the last three years.
MFS High Yield Municipal Trust Stock Down 0.4 %
Shares of CMU traded down $0.02 during trading hours on Tuesday, reaching $3.61. 20,747 shares of the company traded hands, compared to its average volume of 54,469. The stock’s fifty day moving average price is $3.54 and its 200 day moving average price is $3.58. MFS High Yield Municipal Trust has a 12-month low of $3.20 and a 12-month high of $3.70.
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.
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