MFS Charter Income Trust (NYSE:MCR) declared a monthly dividend on Thursday, January 2nd, Zacks reports. Shareholders of record on Wednesday, January 15th will be paid a dividend of 0.06 per share by the financial services provider on Friday, January 31st. This represents a $0.72 dividend on an annualized basis and a yield of 8.54%. The ex-dividend date of this dividend is Tuesday, January 14th. This is a positive change from MFS Charter Income Trust’s previous monthly dividend of $0.06.
MFS Charter Income Trust has decreased its dividend by an average of 0.9% annually over the last three years.
MCR stock traded down $0.01 during trading on Friday, reaching $8.43. 40,216 shares of the stock were exchanged, compared to its average volume of 70,529. The business has a 50 day moving average price of $8.36 and a 200-day moving average price of $8.30. MFS Charter Income Trust has a 1 year low of $7.57 and a 1 year high of $8.48.
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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