MFS High Yield Municipal Trust (NYSE:CMU – Get Free Report) announced a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Investors of record on Wednesday, May 15th will be given a dividend of 0.0135 per share on Friday, May 31st. This represents a $0.16 annualized dividend and a dividend yield of 4.93%. The ex-dividend date of this dividend is Tuesday, May 14th.
MFS High Yield Municipal Trust has decreased its dividend by an average of 14.8% annually over the last three years.
MFS High Yield Municipal Trust Stock Up 0.5 %
Shares of CMU stock opened at $3.29 on Friday. MFS High Yield Municipal Trust has a fifty-two week low of $2.78 and a fifty-two week high of $3.38. The stock’s fifty day moving average price is $3.29 and its two-hundred day moving average price is $3.21.
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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