MFS High Yield Municipal Trust (NYSE:CMU – Get Free Report) announced a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Investors of record on Tuesday, March 18th will be given a dividend of 0.0145 per share on Monday, March 31st. This represents a $0.17 annualized dividend and a yield of 4.83%. The ex-dividend date is Tuesday, March 18th.
MFS High Yield Municipal Trust has decreased its dividend by an average of 5.9% per year over the last three years.
MFS High Yield Municipal Trust Trading Down 0.4 %
CMU stock traded down $0.02 during mid-day trading on Tuesday, reaching $3.61. 20,747 shares of the stock traded hands, compared to its average volume of 54,469. MFS High Yield Municipal Trust has a one year low of $3.20 and a one year high of $3.70. The business has a 50-day moving average price of $3.54 and a two-hundred day moving average price of $3.58.
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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