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Colonial Municipal Income Trust Stock Dividends Overview

CMU pays dividends monthly. Last paid amount was $0.0135 at Apr 30, 2024. As of today, dividend yield (TTM) is 4.37%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 4.37%
Frequency Monthly
1Y Growth 22.73%
Payout Ratio 0
Amount Per Share $0.0135
Next Ex-Dividend Date May 14, 2024
Next Payment Date May 31, 2024

CMU Dividend Payout History

To ensure a understanding of CMU's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
21 Sep 02, 2022 Sep 13, 2022 Sep 30, 2022 $0.0150 0.498%
22 Aug 02, 2022 Aug 16, 2022 Aug 31, 2022 $0.0150 0.448%
23 Jul 06, 2022 Jul 19, 2022 Jul 29, 2022 $0.0150 0.416%
24 Jun 03, 2022 Jun 14, 2022 Jun 30, 2022 $0.0150 0.446%
25 May 03, 2022 May 17, 2022 May 31, 2022 $0.0150 0.408%
26 Apr 05, 2022 Apr 19, 2022 Apr 29, 2022 $0.0150 0.429%
27 Mar 03, 2022 Mar 15, 2022 Mar 31, 2022 $0.0150 0.388%
28 Feb 03, 2022 Feb 15, 2022 Feb 28, 2022 $0.0150 0.367%
29 Jan 05, 2022 Jan 18, 2022 Jan 31, 2022 $0.0150 0.354%
30 Dec 03, 2021 Dec 14, 2021 Dec 31, 2021 $0.0160 0.354%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (57.96%)

Growth potential

Stable (17.18%)

CMU Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from CMU dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in CMU stock here.

Comparing CMU to Sector and Country

CMU pays a solid dividend yield of 4.37%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.83%). CMU’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.01%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of CMU's dividend payments?
The amount of CMU's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in CMU sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from CMU stock be automatically reinvested?
If CMU offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy CMU stock.

How often does CMU pay dividend?
Colonial Municipal Income Trust (CMU) pays dividends monthly. The most recent payout was on Apr 30, 2024. The upcoming dividend Ex Date is May 14, 2024, with an amount of $0.0135.

How much does CMU pays per share?
The last recorder (Apr 16, 2024) dividend per share was $0.0135.

What is CMU dividend growth rate?
Over the last year, Colonial Municipal Income Trust has witnessed growth rate of 22.73% . Looking back over the past 3 years, this growth rate has been -9.14%. Furthermore, examining the past 5 years, Colonial Municipal Income Trust has maintained an average Dividends Per Share Growth Rate of -6.61%.
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About Colonial Municipal Income Trust

MFS High Yield Municipal Trust 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 tax-exempt bonds and tax-exempt notes. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index. It was formerly known as Colonial Municipal Income Trust. MFS High Yield Municipal Trust was ... CMU Profile

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