MFS High Yield Municipal Trust (NYSE:CMU) to Issue Monthly Dividend of $0.01

MFS High Yield Municipal Trust (NYSE:CMUGet Free Report) declared a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Shareholders 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 yield of 4.93%. The ex-dividend date of this dividend is Tuesday, May 14th.

MFS High Yield Municipal Trust has decreased its dividend payment by an average of 14.8% per year over the last three years.

MFS High Yield Municipal Trust Stock Up 0.5 %

Shares of MFS High Yield Municipal Trust stock traded up $0.02 on Friday, reaching $3.29. The stock had a trading volume of 95,857 shares, compared to its average volume of 62,801. MFS High Yield Municipal Trust has a 1 year low of $2.78 and a 1 year high of $3.38. The company has a 50 day moving average price of $3.29 and a 200 day moving average price of $3.21.

MFS High Yield Municipal Trust Company Profile

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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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Dividend History for MFS High Yield Municipal Trust (NYSE:CMU)

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