MFS Intermediate High Income Fund
CIFFinancial Services · Stock · monthly payer
Forward Yield
—
Annual Dividend
$0.29
Payout Ratio
—
5-Yr Growth
-5.1%
Ex-Date
—
Frequency
Monthly
Summary
As of August 2026, MFS Intermediate High Income Fund (CIF) yields — ($0.29 per share annually), with a blended fair-value estimate of $2.07 — +29% upside, so it screens as undervalued. Dividend safety grade: C (62/100).
Is CIF a good dividend stock?
Yes, with caveatsMFS Intermediate High Income Fund (CIF) pays a monthly dividend yielding — ($0.29/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2023
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- —
- Payout Ratio
- —
- Annual Dividend
- $0.29
- 5-Yr Avg Growth
- -5.1%
- Ex-Dividend Date
- —
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- —
- 52-Week Range
- —
- Dividend Safety
- C · 62/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
CIF Price — Last 12 Months
Daily close
Price Return
1 Year
—
3 Years
—
5 Years
—
52-Week Range
—
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CIF worth?
Undervaluedmedium confidenceOur blended fair-value estimate for MFS Intermediate High Income Fund is $2.07 per share, versus a market price of $1.60. That implies 29% of upside — a margin of safety of about 23%.
Fair Value
$2.07
Current Price
$1.60
Upside
+29%
Margin of Safety
23%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.7% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $0.14 EPS, $0.17 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CIF Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 8, 2026 | — | $0.0140 | regular |
| Jun 8, 2026 | — | $0.0141 | regular |
| May 19, 2026 | — | $0.0140 | regular |
| May 19, 2026 | — | $0.0142 | regular |
| Apr 14, 2026 | — | $0.0140 | regular |
| Apr 14, 2026 | — | $0.0142 | regular |
| Mar 17, 2026 | — | $0.0150 | regular |
| Mar 17, 2026 | — | $0.0145 | regular |
| Feb 17, 2026 | — | $0.0150 | regular |
| Feb 17, 2026 | — | $0.0146 | regular |
| Jan 20, 2026 | — | $0.0150 | regular |
| Jan 20, 2026 | — | $0.0146 | regular |
| Dec 16, 2025 | — | $0.0150 | regular |
| Dec 16, 2025 | — | $0.0145 | regular |
Income Calculator
At $0.29 / yr per share
