MFS Charter Income Trust (NYSE:MCR) Declares $0.04 Monthly Dividend

MFS Charter Income Trust (NYSE:MCR) announced a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be paid a dividend of 0.0448 per share by the financial services provider on Wednesday, April 30th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 8.50%. The ex-dividend date is Tuesday, April 15th.

MFS Charter Income Trust has raised its dividend payment by an average of 3.9% per year over the last three years.

MFS Charter Income Trust Trading Up 0.3 %

Shares of MFS Charter Income Trust stock traded up $0.02 during trading on Wednesday, reaching $6.32. The company’s stock had a trading volume of 38,084 shares, compared to its average volume of 75,332. MFS Charter Income Trust has a 52 week low of $6.01 and a 52 week high of $6.58. The business’s 50-day moving average price is $6.35 and its 200-day moving average price is $6.35.

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.