MFS High Income Municipal Trust Dividend
Dividend criteria checks 2/6
MFS High Income Municipal Trust is a dividend paying company with a current yield of 4.41%.
Key information
4.4%
Dividend yield
204%
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$0.078 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
MFS High Income Municipal Trust raises dividend by 15.4% to $0.015
Feb 03MFS High Income Municipal Trust monthly declines by -3.3% to $0.0145/share
Nov 03MFS High Income Municipal Trust declines by -3.2% to $0.015/share
Oct 03MFS High Income Municipal Trust declares $0.0155 dividend
Sep 01MFS High Income Municipal Trust declares $0.0165 dividend
Jul 05MFS High Income Municipal Trust goes ex-dividend tomorrow
Jun 14MFS High Income Municipal Trust declares $0.021 dividend
May 07MFS High Income Municipal Trust declares $0.021 dividend
Feb 04MFS High Income Municipal Trust declares $0.021 dividend
Jan 05MFS High Income Municipal Trust declares $0.021 dividend
Nov 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CXE's dividend payments have been volatile in the past 10 years.
Growing Dividend: CXE's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
MFS High Income Municipal Trust Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CXE) | 4.4% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Capital Markets) | 2.4% |
Analyst forecast in 3 Years (CXE) | n/a |
Notable Dividend: CXE's dividend (4.41%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: CXE's dividend (4.41%) 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 (203.8%), CXE's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.2%), CXE's dividend payments are well covered by cash flows.