MFS Charter Income Trust Declares Monthly Dividend of $0.05 (NYSE:MCR)

MFS Charter Income Trust (NYSE:MCR) declared a monthly dividend on Wednesday, May 1st, Zacks reports. Stockholders of record on Wednesday, May 15th will be paid a dividend of 0.045 per share by the financial services provider on Friday, May 31st. This represents a $0.54 annualized dividend and a dividend yield of 8.63%. The ex-dividend date is Tuesday, May 14th.

MFS Charter Income Trust has decreased its dividend payment by an average of 2.9% annually over the last three years and has raised its dividend every year for the last 1 years.

MFS Charter Income Trust Stock Up 0.7 %

MCR traded up $0.04 during trading hours on Friday, hitting $6.26. The company’s stock had a trading volume of 55,857 shares, compared to its average volume of 63,149. The company has a 50-day simple moving average of $6.24 and a 200 day simple moving average of $6.23. MFS Charter Income Trust has a fifty-two week low of $5.63 and a fifty-two week high of $6.70.

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.