MFS Intermediate High Income Fund (NYSE:CIF) Announces $0.01 Monthly Dividend

MFS Intermediate High Income Fund (NYSE:CIF) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be paid a dividend of 0.0145 per share on Wednesday, April 30th. This represents a $0.17 dividend on an annualized basis and a dividend yield of 10.20%. The ex-dividend date of this dividend is Tuesday, April 15th.

MFS Intermediate High Income Fund has increased its dividend by an average of 4.0% annually over the last three years.

MFS Intermediate High Income Fund Trading Up 0.3 %

CIF stock traded up $0.01 during midday trading on Wednesday, reaching $1.71. 18,002 shares of the company traded hands, compared to its average volume of 70,135. MFS Intermediate High Income Fund has a 52-week low of $1.62 and a 52-week high of $1.83. The business has a 50 day moving average of $1.73 and a 200-day moving average of $1.74.

MFS Intermediate High Income Fund Company Profile

MFS Intermediate High Income Fund is a closed 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 high income debt instruments. The fund benchmarks the performance of its portfolio against Barclays U.S.