MFS High Yield Municipal Trust (NYSE:CMU – Get Free Report) declared a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Shareholders of record on Tuesday, January 14th will be given a dividend of 0.0145 per share on Friday, January 31st. This represents a $0.17 annualized dividend and a yield of 4.94%. The ex-dividend date of this dividend is Tuesday, January 14th.
MFS High Yield Municipal Trust has decreased its dividend by an average of 6.9% annually over the last three years.
MFS High Yield Municipal Trust Trading Down 0.8 %
NYSE CMU opened at $3.52 on Friday. MFS High Yield Municipal Trust has a 12-month low of $3.20 and a 12-month high of $3.70. The business’s 50 day moving average is $3.57 and its two-hundred day moving average is $3.56.
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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