MFS High Yield Municipal Trust (NYSE:CMU) declared a monthly dividend on Thursday, January 3rd, Wall Street Journal reports. Shareholders of record on Wednesday, January 16th will be given a dividend of 0.02 per share on Thursday, January 31st. This represents a $0.24 annualized dividend and a yield of 5.54%. The ex-dividend date of this dividend is Tuesday, January 15th.
MFS High Yield Municipal Trust has decreased its dividend payment by an average of 0.4% per year over the last three years.
CMU stock opened at $4.33 on Monday. MFS High Yield Municipal Trust has a 1-year low of $4.08 and a 1-year high of $4.65.
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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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