MFS High Yield Municipal Trust (NYSE:CMU – Get Free Report) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be paid a dividend of 0.0145 per share on Wednesday, April 30th. This represents a $0.17 dividend on an annualized basis and a yield of 4.97%. The ex-dividend date of this dividend is Tuesday, April 15th.
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 Price Performance
Shares of CMU stock remained flat at $3.50 on Wednesday. The stock had a trading volume of 213,932 shares, compared to its average volume of 51,591. MFS High Yield Municipal Trust has a 52-week low of $3.20 and a 52-week high of $3.70. The stock’s 50-day simple moving average is $3.55 and its 200 day simple moving average is $3.57.
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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