SmarterDividends
CIF

MFS Intermediate High Income Fund

CIF

Financial Services · Stock · monthly payer

Forward Yield

10.74%

Annual Dividend

$0.17

Payout Ratio

125%

5-Yr Growth

-4.6%

Ex-Date

Jun 8, 2026

Frequency

Monthly

CIF Dividend Safety Score

56/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage125% of earnings paid out
Balance-sheet strengthDebt/equity of 0.45
Yield vs its historyYield in line with its history

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

Is CIF a good dividend stock?

Mixed

MFS Intermediate High Income Fund (CIF) pays a monthly dividend yielding 10.74% ($0.17/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2023
    • Elevated payout ratio (125%)
    • Dividend has been shrinking, not growing
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    10.74%
    Payout Ratio
    125%
    Annual Dividend
    $0.17
    5-Yr Avg Growth
    -4.6%
    Ex-Dividend Date
    Jun 8, 2026
    Years of Growth
    2
    Frequency
    monthly
    Beta
    0.69
    Market Cap
    $29.0M
    P/E Ratio
    11.6
    5-Yr Total Return
    -52%
    52-Week Range
    $1.57 – $1.82
    Dividend Safety
    C · 56/100
    Ever Cut?
    Yes (2023)
    CIF ex-dividend date & scheduleNext ex-date Jun 8, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $0.17 / yr per share

    Per payment (monthly)$1.42
    Annual$17.00
    Monthly avg$1.42