Mfs Hi Yld (NYSE:CMU – Get Free Report) announced a monthly dividend on Monday, March 2nd. Shareholders of record on Tuesday, March 17th will be given a dividend of 0.0165 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 5.5%. The ex-dividend date of this dividend is Tuesday, March 17th.
Mfs Hi Yld Stock Performance
Shares of CMU traded down $0.01 during trading hours on Friday, reaching $3.61. 58,977 shares of the company’s stock traded hands, compared to its average volume of 109,264. Mfs Hi Yld has a 12 month low of $3.18 and a 12 month high of $3.69. The firm’s 50 day simple moving average is $3.57 and its 200-day simple moving average is $3.50.
About Mfs Hi Yld
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.
Read More
- Five stocks we like better than Mfs Hi Yld
- The gold chart Wall Street is terrified of…
- Elon Musk already made me a “wealthy man”
- Silver paying 20% dividend. Plus 68% share gains
- Unlocked: Elon Musk’s Next Big IPO
- A personal warning from Martin Weiss (Please read)
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.
