MFS Intermediate High Income Fund (NYSE:CIF) Announces Dividend Increase – $0.01 Per Share

MFS Intermediate High Income Fund (NYSE:CIF) declared a monthly dividend on Tuesday, September 3rd, Wall Street Journal reports. Investors of record on Tuesday, September 17th will be paid a dividend of 0.0148 per share on Monday, September 30th. This represents a $0.18 annualized dividend and a yield of 10.02%. The ex-dividend date of this dividend is Tuesday, September 17th. This is an increase from MFS Intermediate High Income Fund’s previous monthly dividend of $0.01.

MFS Intermediate High Income Fund Price Performance

Shares of NYSE:CIF opened at $1.77 on Monday. The firm has a 50 day simple moving average of $1.75 and a 200 day simple moving average of $1.71. MFS Intermediate High Income Fund has a one year low of $1.47 and a one year 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.