MFS High Yield Municipal Trust (NYSE:CMU) declared a — dividend on Thursday, September 5th, Wall Street Journal reports. Stockholders of record on Wednesday, September 18th will be given a dividend of 0.018 per share on Monday, September 30th. This represents a dividend yield of 5%. The ex-dividend date is Tuesday, September 17th.
MFS High Yield Municipal Trust has decreased its dividend payment by an average of 0.4% per year over the last three years.
MFS High Yield Municipal Trust stock opened at $4.55 on Monday. The firm’s 50 day simple moving average is $4.79 and its 200-day simple moving average is $4.69. MFS High Yield Municipal Trust has a fifty-two week low of $4.08 and a fifty-two week high of $4.99.
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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