CMU vs RWAYI: Which Is the Better Dividend Stock?
As of Aug 8, 2026, CMU and RWAYI are closely matched. CMU offers the higher yield at 15.10%, CMU has the higher dividend-safety score, and RWAYI looks like the better value (its fair-value estimate is 8% above its share price).
Key facts: CMU vs RWAYI
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 4.15% for Runway Growth Finance Corp. (RWAYI).
- By SmarterDividends' count as of Aug 8, 2026, CMU has raised its dividend for 2 consecutive years and RWAYI for 0.
- As of Aug 8, 2026, CMU's fair-value estimate is 7% below its share price and RWAYI's fair-value estimate is 8% above its share price, so RWAYI looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CMU vs RWAYI: Dividend Yield, Safety & Value Compared," updated Aug 8, 2026, https://smarterdividends.com/compare/cmu-vs-rwayi
| Metric | CMU | RWAYI |
|---|---|---|
| Forward yield | 15.10% | 4.15% |
| Annual dividend | $0.19 | $1.32 |
| Payout ratio | — | — |
| Years of growth | 2 yr | 0 yr |
| 5-yr dividend growth | -2.9% | — |
| 5-yr total return | — | — |
| Dividend safety score | 66 (B) | — |
| Fair value estimate | $3.11 | $26.84 |
| Upside to fair value | -7% | +8% |
| Frequency | monthly | quarterly |
| Market cap | $85.7M | — |
| P/E ratio | — | — |
Higher yield
CMU
15.10%
Safer dividend
CMU
Grade B
Faster growth
CMU
-2.9%
Better value
RWAYI
+8% upside
CMU vs RWAYI — FAQ
Is CMU or RWAYI a better dividend stock?
CMU and RWAYI are closely matched. CMU has the higher yield; CMU scores better on safety.
Which has a higher dividend yield, CMU or RWAYI?
CMU has the higher forward dividend yield at 15.10%, versus 4.15% for RWAYI.
Is CMU or RWAYI safer?
Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.
Is CMU or RWAYI better value right now?
As of Aug 8, 2026, RWAYI looks like the better value: its fair-value estimate is 8% above its share price (fairly valued). For CMU, its fair-value estimate is 7% below its share price.
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.