MFS Intermediate High Income Fund (NYSE:CIF) to Issue Monthly Dividend of $0.01

MFS Intermediate High Income Fund (NYSE:CIF) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Stockholders of record on Tuesday, February 18th will be given a dividend of 0.0146 per share on Friday, February 28th. This represents a $0.18 annualized dividend and a dividend yield of 10.11%. The ex-dividend date is Tuesday, February 18th.

MFS Intermediate High Income Fund has increased its dividend by an average of 10.3% per year over the last three years.

MFS Intermediate High Income Fund Price Performance

CIF traded down $0.01 during trading on Tuesday, reaching $1.74. 180,381 shares of the stock were exchanged, compared to its average volume of 67,713. The stock’s 50 day moving average price is $1.75 and its two-hundred day moving average price is $1.75. MFS Intermediate High Income Fund has a twelve month low of $1.62 and a twelve month high of $1.83.

MFS Intermediate High Income Fund Company Profile

MFS Intermediate High Income Fund is a closed 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 high income debt instruments. The fund benchmarks the performance of its portfolio against Barclays U.S.