MFS High Yield Municipal Trust (NYSE:CMU – Get Free Report) declared a monthly dividend on Friday, November 1st,Wall Street Journal reports. Investors of record on Tuesday, November 12th will be paid a dividend of 0.0145 per share on Friday, November 29th. This represents a $0.17 annualized dividend and a dividend yield of 4.85%. The ex-dividend date of this dividend is Tuesday, November 12th.
MFS High Yield Municipal Trust has decreased its dividend by an average of 14.8% per year over the last three years.
MFS High Yield Municipal Trust Price Performance
Shares of CMU opened at $3.59 on Friday. MFS High Yield Municipal Trust has a twelve month low of $2.94 and a twelve month high of $3.70. The firm has a fifty day simple moving average of $3.61 and a two-hundred day simple moving average of $3.49.
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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