CMU vs CXE: Which Is the Better Dividend Stock?
As of June 2026, CMU (MFS High Yield Municipal Trust) screens as the stronger dividend stock, winning 5 of 6 head-to-head metrics. CMU offers the higher yield at 16.10%, CMU has the higher dividend-safety score, and CMU trades at the larger discount to fair value (+25%).
| Metric | CMU | CXE |
|---|---|---|
| Forward yield | 16.10% | 7.22% |
| Annual dividend | $0.19 | $0.21 |
| Payout ratio | — | — |
| Years of growth | 2 yr | 2 yr |
| 5-yr dividend growth | -2.9% | -3.2% |
| 5-yr total return | -29% | -31% |
| Dividend safety score | 60 (C) | 57 (C) |
| Fair value estimate | $4.20 | $3.30 |
| Upside to fair value | +25% | -10% |
| Frequency | monthly | monthly |
| Market cap | $85.7M | $115.1M |
| P/E ratio | — | 365.0 |
Higher yield
CMU
16.10%
Safer dividend
CMU
Grade C
Faster growth
CMU
-2.9%
Better value
CMU
+25% upside
CMU vs CXE — FAQ
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


