MFS High Yield Municipal Trust Dividend
Dividend criteria checks 2/6
MFS High Yield Municipal Trust is a dividend paying company with a current yield of 4.17%.
Key information
4.2%
Dividend yield
273%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.05 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
The MFS High Yield Municipal Trust: Leverage, Munis, And Tax Benefits
Feb 15CMU: Our Game Plan For This Muni CEF Tender Offer
Oct 25MFS High Yield Municipal Trust raises dividend by 11.6% to $0.0125
Feb 03MFS High Yield Municipal Trust declares $0.0112 dividend
Jan 03MFS High Yield Municipal Trust monthly dividend by -7.4% to $0.0125/share
Nov 03MFS High Yield Municipal Trust declines by -6.9% to $0.0135/share
Oct 03MFS High Yield Municipal Trust declares $0.0145 dividend
Sep 01MFS High Yield Municipal Trust declares $0.015 dividend
Aug 02MFS High Yield Municipal Trust declares $0.015 dividend
Jul 05MFS High Yield Municipal Trust declares $0.018 dividend
May 07MFS High Yield Municipal Trust declares $0.018 dividend
Jan 05MFS High Yield Municipal Trust declares $0.0185 dividend
Nov 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CMU's dividend payments have been volatile in the past 10 years.
Growing Dividend: CMU's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
MFS High Yield Municipal Trust Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CMU) | 4.2% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Capital Markets) | 2.4% |
Analyst forecast in 3 Years (CMU) | n/a |
Notable Dividend: CMU's dividend (4.17%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: CMU's dividend (4.17%) is low compared to the top 25% of dividend payers in the US market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (273.2%), CMU's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15%), CMU's dividend payments are thoroughly covered by cash flows.