CMU vs TVC: 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%, CMU has the higher dividend-safety score.
Key facts: CMU vs TVC
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 2.23% for Tennessee Valley Authority (TVC).
- As of Aug 8, 2026, SmarterDividends grades CMU's dividend safety B (66/100) and TVC's C (65/100).
- By SmarterDividends' count as of Aug 8, 2026, CMU has raised its dividend for 2 consecutive years and TVC for 0.
Cite this page
SmarterDividends, "CMU vs TVC: Dividend Yield, Safety & Value Compared," updated Aug 8, 2026, https://smarterdividends.com/compare/cmu-vs-tvc
| Metric | CMU | TVC |
|---|---|---|
| Forward yield | 15.10% | 2.23% |
| Annual dividend | $0.19 | $0.53 |
| Payout ratio | — | — |
| Years of growth | 2 yr | 0 yr |
| 5-yr dividend growth | -2.9% | -0.1% |
| 5-yr total return | — | -5% |
| Dividend safety score | 66 (B) | 65 (C) |
| Fair value estimate | $3.11 | — |
| Upside to fair value | -7% | — |
| Frequency | monthly | quarterly |
| Market cap | $85.7M | — |
| P/E ratio | — | — |
Higher yield
CMU
15.10%
Safer dividend
CMU
Grade B
Faster growth
TVC
-0.1%
CMU vs TVC — FAQ
Is CMU or TVC 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 CMU 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 TVC?
CMU has the higher forward dividend yield at 15.10%, versus 2.23% for TVC.
Is CMU or TVC safer?
CMU has the higher dividend-safety score (66/100 vs 65/100), reflecting stronger payout coverage and dividend-growth history.
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


