MFS High Yield Municipal Trust (NYSE:CMU – Get Free Report) declared a monthly dividend on Tuesday, September 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, September 17th will be given a dividend of 0.0145 per share on Monday, September 30th. This represents a $0.17 annualized dividend and a yield of 4.76%. The ex-dividend date is Tuesday, September 17th.
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 Stock Performance
Shares of NYSE:CMU opened at $3.66 on Friday. MFS High Yield Municipal Trust has a 52-week low of $2.78 and a 52-week high of $3.67. The stock’s fifty day simple moving average is $3.54 and its 200-day simple moving average is $3.40.
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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