Mfs Hi Yld (CMU) to Issue Monthly Dividend of $0.02 on December 31st

Mfs Hi Yld (NYSE:CMU) declared a monthly dividend on Monday, December 1st. Stockholders of record on Tuesday, December 16th will be paid a dividend of 0.0165 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 5.7%. The ex-dividend date is Tuesday, December 16th.

Mfs Hi Yld Price Performance

Shares of NYSE CMU traded up $0.02 during trading on Wednesday, reaching $3.49. The stock had a trading volume of 103 shares, compared to its average volume of 65,607. Mfs Hi Yld has a one year low of $3.18 and a one year high of $3.68. The firm’s 50 day moving average price is $3.49 and its two-hundred day moving average price is $3.39.

About Mfs Hi Yld

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.