CMU vs OXLCI: Which Is the Better Dividend Stock?
As of Aug 8, 2026, CMU (MFS High Yield Municipal Trust) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. CMU offers the higher yield at 15.10%, OXLCI has the higher dividend-safety score, and CMU looks like the better value (its fair-value estimate is 7% below its share price).
Key facts: CMU vs OXLCI
Data as of · Source: SmarterDividends data
- As of Aug 8, 2026, MFS High Yield Municipal Trust (CMU) has the higher forward dividend yield at 15.10%, versus 8.72% for Oxford Lane Capital Corp. (OXLCI).
- As of Aug 8, 2026, SmarterDividends grades CMU's dividend safety B (66/100) and OXLCI's B (68/100).
- By SmarterDividends' count as of Aug 8, 2026, CMU has raised its dividend for 2 consecutive years and OXLCI for 1.
- As of Aug 8, 2026, CMU's fair-value estimate is 7% below its share price and OXLCI's fair-value estimate is 56% below its share price, so CMU looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CMU vs OXLCI: Dividend Yield, Safety & Value Compared," updated Aug 8, 2026, https://smarterdividends.com/compare/cmu-vs-oxlci
| Metric | CMU | OXLCI |
|---|---|---|
| Forward yield | 15.10% | 8.72% |
| Annual dividend | $0.19 | $0.95 |
| Payout ratio | — | — |
| Years of growth | 2 yr | 1 yr |
| 5-yr dividend growth | -2.9% | — |
| 5-yr total return | — | — |
| Dividend safety score | 66 (B) | 68 (B) |
| Fair value estimate | $3.11 | $11.15 |
| Upside to fair value | -7% | -56% |
| Frequency | monthly | quarterly |
| Market cap | $85.7M | — |
| P/E ratio | — | — |
Higher yield
CMU
15.10%
Safer dividend
OXLCI
Grade B
Faster growth
CMU
-2.9%
Better value
CMU
-7% upside
CMU vs OXLCI — FAQ
Is CMU or OXLCI a better dividend stock?
On the data, CMU wins more head-to-head categories (3 vs 2). CMU offers the higher yield (15.10%), while OXLCI has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, CMU or OXLCI?
CMU has the higher forward dividend yield at 15.10%, versus 8.72% for OXLCI.
Is CMU or OXLCI safer?
OXLCI has the higher dividend-safety score (68/100 vs 66/100), reflecting stronger payout coverage and dividend-growth history.
Is CMU or OXLCI better value right now?
As of Aug 8, 2026, CMU looks like the better value: its fair-value estimate is 7% below its share price (fairly valued). For OXLCI, its fair-value estimate is 56% below its share price.
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.

