MFS California Municipal Fund (NYSEAMERICAN:CCA) announced a monthly dividend on Thursday, January 3rd, Wall Street Journal reports. Stockholders of record on Wednesday, January 16th will be paid a dividend of 0.034 per share on Thursday, January 31st. This represents a $0.41 dividend on an annualized basis and a dividend yield of 3.91%. The ex-dividend date of this dividend is Tuesday, January 15th.
MFS California Municipal Fund has decreased its dividend by an average of 6.5% per year over the last three years.
Shares of NYSEAMERICAN:CCA opened at $10.43 on Monday. MFS California Municipal Fund has a one year low of $9.75 and a one year high of $11.41.
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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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