MFS High Yield Municipal Trust (NYSE:CMU – Get Free Report) declared a monthly dividend on Tuesday, October 1st, Wall Street Journal reports. Stockholders of record on Tuesday, October 15th will be given a dividend of 0.0145 per share on Thursday, October 31st. This represents a $0.17 dividend on an annualized basis and a dividend yield of 4.78%. The ex-dividend date of this dividend is Tuesday, October 15th.
MFS High Yield Municipal Trust has decreased its dividend payment by an average of 14.8% annually over the last three years.
MFS High Yield Municipal Trust Price Performance
CMU opened at $3.64 on Friday. MFS High Yield Municipal Trust has a twelve month low of $2.78 and a twelve month high of $3.70. The company has a fifty day simple moving average of $3.60 and a 200 day simple moving average of $3.45.
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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