MFS Intermediate High Income Fund (NYSE:CIF – Get Free Report) dropped 0.6% on Thursday . The stock traded as low as $1.64 and last traded at $1.65. Approximately 36,920 shares changed hands during mid-day trading, a decline of 11% from the average daily volume of 41,595 shares. The stock had previously closed at $1.66.
MFS Intermediate High Income Fund Price Performance
The firm has a fifty day simple moving average of $1.70 and a two-hundred day simple moving average of $1.67.
MFS Intermediate High Income Fund Cuts Dividend
The company also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Wednesday, April 17th will be paid a $0.0148 dividend. This represents a $0.18 dividend on an annualized basis and a dividend yield of 10.66%. The ex-dividend date is Tuesday, April 16th.
About MFS Intermediate High Income Fund
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.
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