MFS High Yield Municipal Trust (CMU) to Issue Monthly Dividend of $0.01 on November 29th

MFS High Yield Municipal Trust (NYSE:CMU) announced a monthly dividend on Friday, November 1st,Wall Street Journal reports. Investors of record on Tuesday, November 12th will be given a dividend of 0.0145 per share on Friday, November 29th. This represents a $0.17 annualized dividend and a yield of 4.85%. The ex-dividend date is Tuesday, November 12th.

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 0.8 %

NYSE CMU opened at $3.59 on Friday. MFS High Yield Municipal Trust has a 1 year low of $2.94 and a 1 year high of $3.70. The business’s fifty day moving average is $3.61 and its two-hundred day moving average is $3.49.

MFS High Yield Municipal Trust Company Profile

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.