MFS Intermediate High Income Fund (NYSE:CIF) Increases Dividend to $0.01 Per Share

MFS Intermediate High Income Fund (NYSE:CIF) announced a monthly dividend on Friday, May 1st. Shareholders of record on Tuesday, May 19th will be given a dividend of 0.0142 per share on Friday, May 29th. This represents a c) annualized dividend and a yield of 10.6%. The ex-dividend date is Tuesday, May 19th. This is a 0.6% increase from MFS Intermediate High Income Fund’s previous monthly dividend of $0.01.

MFS Intermediate High Income Fund Stock Down 0.3%

NYSE:CIF opened at $1.62 on Friday. The firm’s fifty day moving average is $1.63 and its two-hundred day moving average is $1.69. MFS Intermediate High Income Fund has a one year low of $1.57 and a one year high of $1.82.

MFS Intermediate High Income Fund Company Profile

MFS Intermediate High Income Fund Inc (NYSE: CIF) is a closed-end management investment company advised by MFS Investment Management, one of the oldest global asset managers headquartered in Boston, Massachusetts. The fund seeks to provide current income and capital appreciation by allocating assets primarily to intermediate?duration debt instruments. It trades on the New York Stock Exchange under the symbol CIF and offers investors exposure to a diversified portfolio of fixed-income securities.

The fund’s investment strategy emphasizes intermediate maturities, generally targeting bonds and loans with durations ranging from two to seven years.