Mfs Hi Yld (NYSE:CMU - Get Free Report) declared a monthly dividend on Thursday, July 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, July 15th will be given a dividend of 0.0165 per share on Thursday, July 31st. This represents a $0.20 annualized dividend and a yield of 5.96%. The ex-dividend date of this dividend is Tuesday, July 15th. This is a 6.5% increase from Mfs Hi Yld's previous monthly dividend of $0.02.
Mfs Hi Yld Price Performance
Shares of CMU traded up $0.01 on Thursday, hitting $3.32. The company's stock had a trading volume of 56,220 shares, compared to its average volume of 55,868. The firm's fifty day moving average price is $3.36 and its 200-day moving average price is $3.45. Mfs Hi Yld has a fifty-two week low of $3.18 and a fifty-two week high of $3.70.
About Mfs Hi Yld
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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.
Further Reading
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