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

MFS Charter Income Trust (NYSE:MCR) announced a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Investors of record on Tuesday, January 14th will be paid a dividend of 0.0454 per share by the financial services provider on Friday, January 31st. This represents a $0.55 annualized dividend and a yield of 8.57%. The ex-dividend date of this dividend is Tuesday, January 14th.

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

MFS Charter Income Trust Trading Up 0.3 %

MCR stock traded up $0.02 during midday trading on Friday, hitting $6.36. The company’s stock had a trading volume of 39,132 shares, compared to its average volume of 51,566. MFS Charter Income Trust has a 12 month low of $6.01 and a 12 month high of $6.58. The company has a 50 day moving average of $6.30 and a two-hundred day moving average of $6.35.

About MFS Charter Income Trust

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.