Dividend information about Mfs High Yield Municipal Trust: Everything You Need To Know before its ex-dividend date Oct 14, 2025

Mfs High Yield Municipal Trust (CMU) has recently declared a cash dividend of $0.0165 per share, with an ex-dividend date set for Oct 14, 2025. The dividend was officially announced on Oct 1, 2025, and will be distributed on Oct 31, 2025. This amount is lower than the average of the last 10 dividends per share, which stood at approximately $0.0287. The most recent dividend was also set at $0.0165 per share, declared on Sep 30, 2025, with the same cash dividend type. As of late, investors are closely monitoring these developments as the recent payout reflects a decline compared to historical averages. Over the past week, market reactions have shown some volatility, with the stock price fluctuating slightly. On a recent trading session, Mfs Hi Yld (NYSE: CMU) fell 0.9%, reaching a low of $3.44 and closing at $3.45. This decline has raised concerns among investors, particularly in light of the recent dividend cut. Additionally, RiverNorth Capital Management, LLC recently filed a Schedule 13G/A with the SEC, reporting beneficial ownership of 2,579,075 shares of Mfs High Yield Municipal Trust, representing 10.12% of the class as of Sept 30, 2025. This filing, signed on Oct 7, 2025, indicated that RiverNorth has sole voting and dispositive power over the shares, acquired and held in the ordinary course of business without intent to influence control. This institutional ownership stake has sparked discussions regarding its potential market impact. Analysts have noted that such a significant holding by a single entity could affect liquidity and pricing, particularly if further trading activity occurs. Moreover, recent news highlights include a decline in the fund’s yield, currently at 0.0573913, with the stock trading at a discount of -7.8%. Investors are also observing the fund's premium/discount trend, which averages -8.2%, suggesting ongoing market skepticism about its performance. These factors collectively contribute to a cautious outlook, with many investors evaluating how these changes might affect future returns. In light of these developments, it is crucial for investors to be aware that the ex-dividend date for this dividend is Oct 14, 2025. This is the last day for investors to purchase shares in Mfs High Yield Municipal Trust and still qualify for the dividend. Any purchase made after this date will not entitle the investor to receive the dividend.