MFS California Municipal Fund (NYSEAMERICAN:CCA) declared a monthly dividend on Wednesday, September 5th, Wall Street Journal reports. Stockholders of record on Wednesday, September 19th will be given a dividend of 0.038 per share on Friday, September 28th. This represents a $0.46 annualized dividend and a dividend yield of 4.41%. The ex-dividend date is Tuesday, September 18th.
MFS California Municipal Fund has decreased its dividend by an average of 1.5% annually over the last three years.
NYSEAMERICAN CCA opened at $10.34 on Thursday. MFS California Municipal Fund has a 52 week low of $10.16 and a 52 week high of $14.00.
About MFS California Municipal Fund
MFS California Municipal Fund is a close 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 debt securities the interest on which in the opinion of issuer counsel is exempt from federal regular income tax and California personal income tax.
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