MFS Charter Income Trust (NYSE:MCR) Increases Dividend to $0.05 Per Share

MFS Charter Income Trust (NYSE:MCRGet Free Report) announced a monthly dividend on Monday, July 1st, Wall Street Journal reports. Shareholders of record on Tuesday, July 16th will be given a dividend of 0.0454 per share by the financial services provider on Wednesday, July 31st. This represents a $0.54 annualized dividend and a yield of 8.65%. The ex-dividend date of this dividend is Tuesday, July 16th. This is a positive change from MFS Charter Income Trust’s previous monthly dividend of $0.05.

MFS Charter Income Trust has decreased its dividend by an average of 2.9% annually over the last three years.

MFS Charter Income Trust Stock Up 0.2 %

Shares of MFS Charter Income Trust stock opened at $6.30 on Wednesday. MFS Charter Income Trust has a 52 week low of $5.63 and a 52 week high of $6.70. The business’s fifty day simple moving average is $6.25 and its 200-day simple moving average is $6.31.

MFS Charter Income Trust Company Profile

(Get Free Report)

MFS Charter Income Trust is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets across the globe. It invests primarily in corporate bonds of U.S. or foreign issuers, U.S. Government securities, foreign government securities, mortgage-backed, and other asset-backed securities of U.S.

Featured Stories

Dividend History for MFS Charter Income Trust (NYSE:MCR)

Receive News & Ratings for MFS Charter Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MFS Charter Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.