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

MFS High Yield Municipal Trust (NYSE:CMU) 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 4.89%. The ex-dividend date of this dividend is Tuesday, January 14th.

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

MFS High Yield Municipal Trust Stock Up 0.8 %

Shares of NYSE CMU traded up $0.03 during midday trading on Friday, reaching $3.56. 30,734 shares of the stock were exchanged, compared to its average volume of 42,667. MFS High Yield Municipal Trust has a twelve month low of $3.20 and a twelve month high of $3.70. The company has a 50 day simple moving average of $3.57 and a 200 day simple moving average of $3.56.

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.