MFS California Municipal Fund (NYSEAMERICAN:CCA) announced a monthly dividend on Wednesday, September 5th, Wall Street Journal reports. Stockholders of record on Wednesday, September 19th will be given a dividend of 0.038 per share on Friday, September 28th. This represents a $0.46 annualized dividend and a dividend yield of 4.42%. The ex-dividend date of this dividend is Tuesday, September 18th.

MFS California Municipal Fund has decreased its dividend payment by an average of 1.5% per year over the last three years.

MFS California Municipal Fund stock opened at $10.31 on Thursday. MFS California Municipal Fund has a fifty-two week low of $10.16 and a fifty-two week high of $12.54.

About MFS California Municipal Fund

MFS California Municipal Fund 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 debt securities the interest on which in the opinion of issuer counsel is exempt from federal regular income tax and California personal income tax.

Featured Article: Asset Allocation Models, Which is Right For You?

Dividend History for MFS California Municipal Fund (NYSEAMERICAN:CCA)

Receive News & Ratings for MFS California Municipal Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MFS California Municipal Fund and related companies with MarketBeat.com's FREE daily email newsletter.