MFS High Yield Municipal Trust (NYSE:CMU – Get Free Report) announced a monthly dividend on Tuesday, October 1st, Wall Street Journal reports. Investors of record on Tuesday, October 15th will be paid a dividend of 0.0145 per share on Thursday, October 31st. This represents a $0.17 dividend on an annualized basis and a yield of 4.78%. 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% per year over the last three years.
MFS High Yield Municipal Trust Price Performance
Shares of NYSE CMU opened at $3.64 on Monday. The business’s 50-day simple moving average is $3.60 and its 200-day simple moving average is $3.45. MFS High Yield Municipal Trust has a 52 week low of $2.78 and a 52 week high of $3.70.
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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