CMU (Mfs High Yield Municipal Trust) Dividend Payout Ratio: 0.37 (As of Nov. 2025) — 47% Below Median


CMU Mfs High Yield Municipal Trust CMU
36 GF Score
Price $3.73
! 4 Warning Signs
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What is Mfs High Yield Municipal Trust Dividend Payout Ratio?

Mfs High Yield Municipal Trust CMU 36 Dividend Payout Ratio is 0.37 as of Nov. 2025, which is 47% below its 10-year median of 0.70. GuruFocus rates CMU with a GF Scoreâ„¢ of 36/100. The stock has 4 warning signs investors should review. Among 931 Asset Management companies, Mfs High Yield Municipal Trust ranks worse than 107411.28% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Mfs High Yield Municipal Trust's Dividend Payout Ratio for the months ended in Nov. 2025 was 0.37.

The historical rank and industry rank for Mfs High Yield Municipal Trust's Dividend Payout Ratio or its related term are showing as below:


During the past 9 years, the highest Dividend Payout Ratio of Mfs High Yield Municipal Trust was 10.85. The lowest was 0.34. And the median was 0.70.

CMU's Dividend Payout Ratio is not ranked *
in the Asset Management industry.
Industry Median: 0.7
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2026-06-29), the Dividend Yield % of Mfs High Yield Municipal Trust is 5.31%.

During the past 9 years, the highest Trailing Annual Dividend Yield of Mfs High Yield Municipal Trust was 7.07%. The lowest was 3.66%. And the median was 5.31%.

Mfs High Yield Municipal Trust's Dividends per Share for the months ended in Nov. 2025 was $0.10.

During the past 12 months, Mfs High Yield Municipal Trust's average Dividends Per Share Growth Rate was 14.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.50% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Mfs High Yield Municipal Trust was 2.60% per year. The lowest was -14.80% per year. And the median was -7.05% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Mfs High Yield Municipal Trust (NYSE:CMU) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Mfs High Yield Municipal Trust Dividend Payout Ratio Related Terms


Mfs High Yield Municipal Trust Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Mfs High Yield Municipal Trust's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mfs High Yield Municipal Trust Dividend Payout Ratio Chart

Mfs High Yield Municipal Trust Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only 0.57 0.00 1.91 0.34 0.00

Mfs High Yield Municipal Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.49 0.26 0.00 0.37

CMU vs JLS, IAE, IGI: Dividend Payout Ratio Comparison

For the Asset Management subindustry, Mfs High Yield Municipal Trust's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mfs High Yield Municipal Trust Dividend Payout Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Mfs High Yield Municipal Trust's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Mfs High Yield Municipal Trust's Dividend Payout Ratio falls into.


CMU
36GF Score
Mfs High Yield Municipal Trust CMU
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mfs High Yield Municipal Trust Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Mfs High Yield Municipal Trust's Dividend Payout Ratio for the fiscal year that ended in Nov. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Nov. 2025 )/ EPS without NRI (A: Nov. 2025 )
=0.189/ 0
=N/A

Mfs High Yield Municipal Trust's Dividend Payout Ratio for the quarter that ended in Nov. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Nov. 2025 )/ EPS without NRI (Q: Nov. 2025 )
=0.099/ 0.267
=0.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.37 mean?
Mfs High Yield Municipal Trust (CMU) has a Dividend Payout Ratio of 0.37 as of Nov. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Mfs High Yield Municipal Trust and its competitors. This is 47% below median its historical median of 0.70. Over the past decade, Mfs High Yield Municipal Trust's Dividend Payout Ratio has ranged from 0.34 to 10.85. According to the industry distribution chart, Mfs High Yield Municipal Trust ranks #999999 out of 931 companies in the Asset Management industry.
Is Mfs High Yield Municipal Trust's Dividend Payout Ratio too high?
Mfs High Yield Municipal Trust's current Dividend Payout Ratio of 0.37 is 47% below median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 10.85. The Asset Management industry median Dividend Payout Ratio is 0.70. Mfs High Yield Municipal Trust's value of 0.37 is 47.1% below this industry median. Based on the distribution chart, Mfs High Yield Municipal Trust ranks #999999 out of 931 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Mfs High Yield Municipal Trust has a GF Scoreâ„¢ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Mfs High Yield Municipal Trust's Dividend Payout Ratio compare to JLS and IAE?
According to the Asset Management industry distribution chart, Mfs High Yield Municipal Trust ranks #999999 out of 931 companies for Dividend Payout Ratio. This places Mfs High Yield Municipal Trust in the lower half of its industry. The industry median Dividend Payout Ratio is 0.70. Mfs High Yield Municipal Trust's value of 0.37 is 47.1% below this benchmark. Historically, Mfs High Yield Municipal Trust's own Dividend Payout Ratio has ranged from 0.34 to 10.85 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 0.70, Mfs High Yield Municipal Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Asset Management company?
The median Dividend Payout Ratio among Asset Management companies is 0.70, based on 931 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mfs High Yield Municipal Trust's current Dividend Payout Ratio of 0.37 is 47.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Mfs High Yield Municipal Trust and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mfs High Yield Municipal Trust's current Dividend Payout Ratio is 0.37, which is 47% below median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mfs High Yield Municipal Trust stock overvalued right now?
Mfs High Yield Municipal Trust (CMU) has a current Dividend Payout Ratio of 0.37. The current Dividend Payout Ratio is 0.37, which is 47% below median its 10-year median of 0.70 and 47.1% below the Asset Management industry median of 0.70. Mfs High Yield Municipal Trust's overall GF Score™ is 36/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Mfs High Yield Municipal Trust (CMU), the current Dividend Payout Ratio is 0.37 as of Nov. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mfs High Yield Municipal Trust Business Description

Address 111 Huntington Avenue, Boston, MA, USA, 02199
Mfs High Yield Municipal Trust is a United States-based diversified, closed-end management investment company. Its investment objective is to seek high current income exempt from federal income tax. The fund invests a majority of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in tax-exempt bonds and tax-exempt notes. The company invest various top Healthcare companies, Airport, Universities (Secondary Schools), Universities (Dormitories), and many more, out of maximum revenue is gained from Healthcare Hospitals and Long Term Care.
36GF Score

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