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

MFS Intermediate High Income Fund (NYSE:CIF) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be given a dividend of 0.0145 per share on Wednesday, April 30th. This represents a $0.17 dividend on an annualized basis and a dividend yield of 10.20%. The ex-dividend date is Tuesday, April 15th.

MFS Intermediate High Income Fund has increased its dividend by an average of 4.0% annually over the last three years.

MFS Intermediate High Income Fund Price Performance

Shares of NYSE CIF opened at $1.71 on Thursday. The business has a 50-day moving average of $1.72 and a 200-day moving average of $1.74. MFS Intermediate High Income Fund has a 12 month low of $1.62 and a 12 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.