MFS Intermediate High Income Fund About To Put More Money In Your Pocket (CIF)

Looking at the universe of stocks we cover at Dividend Channel, on 9/16/14, MFS Intermediate High Income Fund (CIF) will trade ex-dividend, for its monthly dividend of $0.0165, payable on 9/30/14. As a percentage of CIF's recent stock price of $2.83, this dividend works out to approximately 0.58%, so look for shares of MFS Intermediate High Income Fund to trade 0.58% lower — all else being equal — when CIF shares open for trading on 9/16/14.

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Below is a dividend history chart for CIF, showing historical dividends prior to the most recent $0.0165 declared by MFS Intermediate High Income Fund:

CIF+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CIF is likely to continue, and whether the current estimated yield of 7.00% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of CIF shares, versus its 200 day moving average:

MFS Intermediate High Income Fund 200 Day Moving Average Chart

Looking at the chart above, CIF's low point in its 52 week range is $2.72 per share, with $3.01 as the 52 week high point — that compares with a last trade of $2.83.

In Friday trading, MFS Intermediate High Income Fund shares are currently up about 0.4% on the day.

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