MFS Intermediate High Income Fund (CIF) to Issue Monthly Dividend of $0.01 on March 31st

MFS Intermediate High Income Fund (NYSE:CIF) announced a monthly dividend on Monday, March 2nd. Investors of record on Tuesday, March 17th will be given a dividend of 0.0145 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 10.4%. The ex-dividend date of this dividend is Tuesday, March 17th.

MFS Intermediate High Income Fund Stock Up 0.1%

NYSE:CIF traded up $0.00 during mid-day trading on Wednesday, reaching $1.67. 51,948 shares of the company’s stock traded hands, compared to its average volume of 47,869. The company has a 50 day moving average price of $1.71 and a 200-day moving average price of $1.73. MFS Intermediate High Income Fund has a 12-month low of $1.52 and a 12-month high of $1.82.

MFS Intermediate High Income Fund Company Profile

MFS Intermediate High Income Fund Inc (NYSE: CIF) is a closed-end management investment company advised by MFS Investment Management, one of the oldest global asset managers headquartered in Boston, Massachusetts. The fund seeks to provide current income and capital appreciation by allocating assets primarily to intermediate‐duration debt instruments. It trades on the New York Stock Exchange under the symbol CIF and offers investors exposure to a diversified portfolio of fixed-income securities.

The fund’s investment strategy emphasizes intermediate maturities, generally targeting bonds and loans with durations ranging from two to seven years.