MFS Intermediate High Income Fund (NYSE:CIF) Plans Dividend Increase – $0.01 Per Share

MFS Intermediate High Income Fund (NYSE:CIF) declared a monthly dividend on Tuesday, September 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, September 17th will be given a dividend of 0.0148 per share on Monday, September 30th. This represents a $0.18 annualized dividend and a dividend yield of 10.02%. The ex-dividend date is Tuesday, September 17th. This is a positive change from MFS Intermediate High Income Fund’s previous monthly dividend of $0.01.

MFS Intermediate High Income Fund Stock Up 0.0 %

CIF stock opened at $1.77 on Monday. The company has a fifty day moving average price of $1.75 and a 200-day moving average price of $1.71. MFS Intermediate High Income Fund has a 52-week low of $1.47 and a 52-week high of $1.83.

About MFS Intermediate High Income Fund

MFS Intermediate High Income Fund is a closed 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 high income debt instruments. The fund benchmarks the performance of its portfolio against Barclays U.S.