MFS High Yield Municipal Trust Plans Monthly Dividend of $0.02 (NYSE:CMU)

MFS High Yield Municipal Trust (NYSE:CMU) announced a monthly dividend on Tuesday, May 4th, Wall Street Journal reports. Shareholders of record on Wednesday, May 19th will be paid a dividend of 0.018 per share on Friday, May 28th. This represents a $0.22 dividend on an annualized basis and a yield of 4.60%. The ex-dividend date is Tuesday, May 18th.

CMU stock traded up $0.01 during mid-day trading on Tuesday, reaching $4.70. The company’s stock had a trading volume of 36,006 shares, compared to its average volume of 74,688. The business’s 50 day moving average price is $4.53 and its 200 day moving average price is $4.43. MFS High Yield Municipal Trust has a 12 month low of $3.84 and a 12 month high of $4.76.

About MFS High Yield Municipal Trust

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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Dividend History for MFS High Yield Municipal Trust (NYSE:CMU)

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