MFS California Municipal Fund (NYSEAMERICAN:CCA) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Investors of record on Wednesday, December 20th will be paid a dividend of 0.043 per share on Friday, December 29th. This represents a $0.52 annualized dividend and a yield of 4.42%. The ex-dividend date of this dividend is Tuesday, December 19th.
Shares of MFS California Municipal Fund (CCA) traded down $0.02 during trading on Monday, reaching $11.68. The company had a trading volume of 13,815 shares, compared to its average volume of 6,745. MFS California Municipal Fund has a twelve month low of $11.05 and a twelve month high of $14.00.
Separately, Canaccord Genuity reaffirmed a “buy” rating and set a $89.00 price objective on shares of MFS California Municipal Fund in a research note on Friday, November 3rd.
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