MFS High Yield Municipal Trust (CMU) To Go Ex-Dividend on October 15th

MFS High Yield Municipal Trust (NYSE:CMU) 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 4.72%. The ex-dividend date of this dividend is Tuesday, October 15th.

MFS High Yield Municipal Trust has decreased its dividend by an average of 14.8% annually over the last three years.

MFS High Yield Municipal Trust Stock Performance

MFS High Yield Municipal Trust stock remained flat at $3.69 during midday trading on Thursday. 37,318 shares of the company traded hands, compared to its average volume of 55,999. MFS High Yield Municipal Trust has a one year low of $2.78 and a one year high of $3.70. The stock has a 50-day moving average of $3.58 and a two-hundred day moving average of $3.43.

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.