Shares of MFS Charter Income Trust (NYSE:MCR – Get Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $6.38 and traded as high as $6.47. MFS Charter Income Trust shares last traded at $6.47, with a volume of 63,287 shares traded.
MFS Charter Income Trust Stock Performance
The firm has a fifty day simple moving average of $6.38 and a two-hundred day simple moving average of $6.30.
MFS Charter Income Trust Increases Dividend
The company also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Tuesday, September 17th will be paid a $0.046 dividend. The ex-dividend date is Tuesday, September 17th. This represents a $0.55 annualized dividend and a yield of 8.54%. This is an increase from MFS Charter Income Trust’s previous monthly dividend of $0.05.
Institutional Trading of MFS Charter Income Trust
MFS Charter Income Trust Company Profile
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.
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