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

MFS High Yield Municipal Trust (NYSE:CMUGet Free Report) declared a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Shareholders of record on Tuesday, January 14th will be given a dividend of 0.0145 per share on Friday, January 31st. This represents a $0.17 annualized dividend and a yield of 4.94%. The ex-dividend date is Tuesday, January 14th.

MFS High Yield Municipal Trust has decreased its dividend by an average of 6.9% annually over the last three years.

MFS High Yield Municipal Trust Stock Down 0.8 %

Shares of NYSE CMU opened at $3.52 on Friday. MFS High Yield Municipal Trust has a 1 year low of $3.20 and a 1 year high of $3.70. The stock’s 50-day simple moving average is $3.57 and its 200-day simple moving average is $3.56.

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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