MFS Intermediate High Income Fund (NYSE:CIF) to Issue — Dividend of $0.01

MFS Intermediate High Income Fund (NYSE:CIF) announced a — dividend on Tuesday, June 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, June 17th will be given a dividend of 0.0143 per share on Monday, June 30th. This represents a dividend yield of 10.3%. The ex-dividend date is Tuesday, June 17th.

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 Stock Up 0.3%

CIF stock opened at $1.72 on Wednesday. MFS Intermediate High Income Fund has a 12 month low of $1.52 and a 12 month high of $1.83. The company has a 50-day moving average price of $1.67 and a 200 day moving average price of $1.71.

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.