Mfs Hi Yld (NYSE:CMU) to Issue Monthly Dividend of $0.02

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

Mfs Hi Yld Trading Up 0.3%

CMU traded up $0.01 on Tuesday, hitting $3.48. 10,515 shares of the stock traded hands, compared to its average volume of 65,479. The business has a fifty day moving average price of $3.49 and a two-hundred day moving average price of $3.39. Mfs Hi Yld has a 52 week low of $3.18 and a 52 week high of $3.68.

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.