MMIT Dividend History & Analysis | 3.6% Yield

MMIT has a dividend yield of 3.6% and paid 0.87 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.59%
Payout Ratio -
Growth Rate CAGR 5y 13.8%
Consistency Lifetime 98.4%
Yield on Cost 5y 3.8%
Payout FCF -
Streak Years -
Dividend Rating 70.2%
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis) and average yield as orange dashed line.
Payout Yield (right) Price (left) ┅┅ Avg Payout Yield

Top Dividend Payers in Muni National Interm

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
MINO 684 M 3.93% 4.17%
FMB 2,039 M 3.83% 3.93%
TAFM 643 M 3.66% 4.02%
SCMB 3,872 M 3.55% 4.08%
JMUB 7,949 M 3.61% 3.82%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
DFNM 2,182 M 21.74% 91.7%
INMU 496 M 23.34% 99.2%
VTEB 45,036 M 17.16% 100.0%
ITM 2,181 M 14.40% 100.0%
JMUB 7,949 M 16.28% 100.0%
MMIT Dividend History: Last 50 Payments (USD) as of June 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-05-29 2026-05-29 2026-06-02 Monthly 0.0822 +13.3% 0.339%
2026-04-30 2026-04-30 2026-05-04 Monthly 0.0725 -1.8% 0.299%
2026-03-31 2026-03-31 2026-04-02 Monthly 0.0738 +10.6% 0.307%
2026-02-27 2026-02-27 2026-03-03 Monthly 0.0668 -9% 0.27%
2026-01-30 2026-01-30 2026-02-03 Monthly 0.0734 -0.4% 0.3%
2025-12-30 2025-12-30 2026-01-05 Monthly 0.0736 +3.5% 0.302%
2025-12-01 2025-12-01 2025-12-05 Monthly 0.0711 -3.9% 0.293%
2025-11-03 2025-11-03 2025-11-07 Monthly 0.074 +5.6% 0.304%
2025-10-01 2025-10-01 2025-10-06 Monthly 0.0701 -6.6% 0.289%
2025-09-02 2025-09-02 2025-09-08 Monthly 0.0751 +3.5% 0.315%
2025-08-01 2025-08-01 2025-08-06 Monthly 0.0726 +15.7% 0.305%
2025-07-01 2025-07-01 2025-07-07 Monthly 0.0627 -17.5% 0.263%
2025-06-02 2025-06-02 2025-06-06 Monthly 0.076 +3.5% 0.322%
2025-04-30 2025-04-30 2025-05-05 Monthly 0.0734 -1.4% 0.31%
2025-04-01 2025-04-01 2025-04-07 Monthly 0.0745 +10.3% 0.311%
2025-03-03 2025-03-03 2025-03-07 Monthly 0.0675 -5.3% 0.277%
2025-02-03 2025-02-03 2025-02-07 Monthly 0.0713 +40.6% 0.296%
2024-12-30 2024-12-30 2025-01-03 Monthly 0.0507 -34.9% 0.213%
2024-12-02 2024-12-02 2024-12-05 Monthly 0.0778 -1.6% 0.32%
2024-11-01 2024-11-01 2024-11-06 Monthly 0.0791 +4% 0.327%
2024-10-01 2024-10-01 2024-10-04 Monthly 0.076 -3.3% 0.31%
2024-09-03 2024-09-03 2024-09-06 Monthly 0.0787 -0% 0.32%
2024-08-01 2024-08-01 2024-08-06 Monthly 0.0787 +4.2% 0.323%
2024-07-01 2024-07-01 2024-07-05 Monthly 0.0755 -4.8% 0.312%
2024-06-03 2024-06-03 2024-06-06 Monthly 0.0793 +3.4% 0.331%
2024-05-01 2024-05-02 2024-05-07 Monthly 0.0767 -2.3% 0.32%
2024-04-01 2024-04-02 2024-04-05 Monthly 0.0785 +5.9% 0.323%
2024-03-01 2024-03-04 2024-03-07 Monthly 0.0741 -5% 0.303%
2024-02-01 2024-02-02 2024-02-07 Monthly 0.0779 +3.4% 0.317%
2023-12-28 2023-12-29 2024-01-05 Monthly 0.0754 +3.2% 0.307%
2023-12-01 2023-12-04 2023-12-07 Monthly 0.0731 +4.6% 0.302%
2023-11-01 2023-11-02 2023-11-07 Monthly 0.0698 -1.7% 0.3%
2023-10-02 2023-10-03 2023-10-06 Monthly 0.0711 -3% 0.304%
2023-09-01 2023-09-05 2023-09-08 Monthly 0.0733 -0.4% 0.305%
2023-08-01 2023-08-02 2023-08-07 Monthly 0.0735 +4.3% 0.303%
2023-07-03 2023-07-05 2023-07-10 Monthly 0.0705 -0.4% 0.29%
2023-06-01 2023-06-02 2023-06-07 Monthly 0.0708 +2.2% 0.292%
2023-05-01 2023-05-02 2023-05-05 Monthly 0.0693 -4% 0.284%
2023-04-03 2023-04-04 2023-04-10 Monthly 0.0722 +13.6% 0.294%
2023-03-01 2023-03-02 2023-03-07 Monthly 0.0635 -4.7% 0.263%
2023-02-01 2023-02-02 2023-02-07 Monthly 0.0667 +4.1% 0.269%
2022-12-29 2022-12-30 2023-01-06 Monthly 0.064 +2.2% 0.264%
2022-12-01 2022-12-02 2022-12-07 Monthly 0.0627 +5.6% 0.258%
2022-11-01 2022-11-02 2022-11-07 Monthly 0.0593 +11.2% 0.256%
2022-10-03 2022-10-04 2022-10-07 Monthly 0.0534 +14.7% 0.229%
2022-09-01 2022-09-02 2022-09-08 Monthly 0.0466 +4% 0.193%
2022-08-01 2022-08-02 2022-08-05 Monthly 0.0448 +5.2% 0.18%
2022-07-01 2022-07-05 2022-07-08 Monthly 0.0426 +18.5% 0.176%
2022-06-01 2022-06-02 2022-06-07 Monthly 0.0359 -4.1% 0.146%
2022-05-02 2022-05-03 2022-05-06 Monthly 0.0375 0% 0.153%

MMIT Dividend FAQ

What is the Dividend Yield of MMIT?

As of June 2026, MMIT's dividend yield is 3.59%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.87 USD by the current share price of 24.36.

Does MMIT pay a dividend?

As of June 2026, MMIT paid a dividend of 0.87 USD in the last 12 months. The last dividend was paid on 2026-05-29 and the payout was 0.0822 USD.

How often does MMIT pay dividends?

MMIT pays dividends monthly. Over the last 12 months, MMIT has issued 12 dividend payments. The last dividend payment was made on 2026-05-29.

MMIT dividend forecast

Based on historical data, the forecasted dividends per share for MMIT for the next payments are between 0.074 (-10.0%) and 0.081 (-1.5%). This indicates a moderate dividend reduction compared to the last payment. The expected Yield for the next 12 months is about 3.84%.

Will MMIT pay dividends in 2026?

The latest dividend paid per share was 0.0822 USD with an Ex-Dividend Date of 2026-05-29. The next Ex-Dividend date for IQ MacKay Municipal (MMIT) is currently unknown.

What is the next Ex-Dividend Date for MMIT?

The next Ex-Dividend date for IQ MacKay Municipal (MMIT) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of MMIT?

MMIT's average dividend growth rate over the past 5 years is 13.8% per year. Strong growth: MMIT's dividend growth is outpacing inflation.

What is the Yield on Cost of MMIT?

MMIT's 5-Year Yield on Cost is 3.78%. If you bought MMIT's shares at 22.96 USD five years ago, your current annual dividend income (0.87 USD per share, trailing 12 months) equals 3.78% of your original purchase price.

What is the Payout Consistency of MMIT?

MMIT Payout Consistency is 98.4%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: IQ MacKay Municipal has a strong track record of consistent dividend payments over its lifetime.

Does MMIT have a good Dividend Yield?

MMIT's 3.59% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of MMIT?

The Dividend Payout Ratio of MMIT is unknown.

What is the Dividend Rating of MMIT?

MMIT's Overall Dividend Rating is 70.17%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-06-16 03:05 UTC