Mfs Hi Yld (NYSE:CMU – Get Free Report) declared a monthly dividend on Friday, January 2nd. Stockholders of record on Tuesday, January 20th will be given a dividend of 0.0165 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date of this dividend is Tuesday, January 20th.
Mfs Hi Yld Stock Performance
Shares of Mfs Hi Yld stock opened at $3.54 on Friday. Mfs Hi Yld has a 12 month low of $3.18 and a 12 month high of $3.63. The business’s 50-day moving average price is $3.50 and its 200-day moving average price is $3.42.
Mfs Hi Yld Company Profile
MFS High Income Municipal Trust (NYSE:CMU) is a closed-end management investment company that seeks to provide total return through a combination of current income exempt from U.S. federal income tax and capital appreciation. The fund primarily invests in high-yield municipal securities, focusing on non-investment-grade and lower-rated municipal bonds across a variety of sectors. By targeting issuers with attractive yield characteristics, the trust aims to deliver enhanced tax-exempt income to its shareholders.
The investment strategy of the fund emphasizes in-depth credit analysis, sector allocation and risk management.
Featured Stories
- Five stocks we like better than Mfs Hi Yld
- Wall Street Alert: Buy AES
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- Do not delete, read immediately
- How a Family Trust May Be Able To Help Preserve Your Wealth
- URGENT: Trump Just Triggered AI’s Biggest Disruption Yet
Receive News & Ratings for Mfs Hi Yld Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mfs Hi Yld and related companies with MarketBeat.com's FREE daily email newsletter.
