MFS High Yield Municipal Trust Announces Monthly Dividend of $0.01 (NYSE:CMU)
MFS High Yield Municipal Trust (NYSE:CMU) declared a monthly dividend on Wednesday, April 3rd. Stockholders of record on Wednesday, April 17th will be given a dividend of 0.0135 per share on Tuesday, April 30th. This represents a $0.16 annualized dividend and a dividend yield of 4.88%. The ex-dividend date is Tuesday, April 16th. MFS High Yield Municipal Trust (NYSE:CMU) has announced a monthly dividend of $0.01 per share for shareholders of the company on April 3rd. This dividend represents a $1.01 dividend on an annualized basis and a yield of 4.88%. Shareholders of record on April 17th will be paid on Tuesday, April 30th. The company's stock price remained flat at $3.32 on Wednesday. MFS has a one-year low of $2.78 and a one year high of $3.,38. Institutional investors and hedge funds have recently bought and sold shares of the business. The fund invests in fixed income markets in the United States, primarily in tax-exempt bonds and tax exempt notes.
Published : a month ago by MarketBeat in Finance
MFS High Yield Municipal Trust (NYSE:CMU - Get Free Report) announced a monthly dividend on Wednesday, April 3rd, Wall Street Journal reports. Shareholders of record on Wednesday, April 17th will be paid a dividend of 0.0135 per share on Tuesday, April 30th. This represents a $0.16 dividend on an annualized basis and a yield of 4.88%. The ex-dividend date of this dividend is Tuesday, April 16th.
NYSE:CMU remained flat at $3.32 on Wednesday. 57,081 shares of the company's stock were exchanged, compared to its average volume of 68,684. The business has a 50-day simple moving average of $3.30 and a two-hundred day simple moving average of $3.20. MFS High Yield Municipal Trust has a one year low of $2.78 and a one year high of $3.38.
Institutional investors and hedge funds have recently bought and sold shares of the business. XTX Topco Ltd purchased a new stake in MFS High Yield Municipal Trust during the first quarter worth about $33,000. Guggenheim Capital LLC acquired a new position in shares of MFS High Yield Municipal Trust during the first quarter worth about $35,000. Pathstone Holdings LLC acquired a new position in shares of MFS High Yield Municipal Trust during the fourth quarter worth about $41,000. Bank of New York Mellon Corp acquired a new position in shares of MFS High Yield Municipal Trust during the second quarter worth about $43,000. Finally, Cetera Advisor Networks LLC acquired a new position in shares of MFS High Yield Municipal Trust during the fourth quarter worth about $45,000. 32.39% of the stock is currently owned by hedge funds and other institutional investors.
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.
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