MFS Charter Income Trust Stock Dividends Overview

MCR pays dividends monthly. Last paid amount was $0.0458 at Apr 30, 2024. As of today, dividend yield (TTM) is 8.75%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 8.75%
Frequency Monthly
1Y Growth -0.457%
Payout Ratio 0
Amount Per Share $0.0458
MFS Charter Income Trust has not yet announced its next dividend date. Last payment date was: Apr 30, 2024.

MCR Dividend Payout History

To ensure a understanding of MCR's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 01, 2024 Apr 16, 2024 Apr 30, 2024 $0.0458 0.746%
2 Mar 12, 2024 Mar 12, 2024 Mar 28, 2024 $0.0457 0.720%
3 Feb 01, 2024 Feb 13, 2024 Feb 29, 2024 $0.0459 0.727%
4 Jan 02, 2024 Jan 16, 2024 Jan 31, 2024 $0.0459 0.712%
5 Dec 01, 2023 Dec 19, 2023 Dec 29, 2023 $0.0440 0.680%
6 Nov 01, 2023 Nov 14, 2023 Nov 30, 2023 $0.0430 0.706%
7 Oct 02, 2023 Oct 17, 2023 Oct 31, 2023 $0.0440 0.769%
8 Sep 01, 2023 Sep 12, 2023 Sep 29, 2023 $0.0450 0.769%
9 Aug 15, 2023 Aug 15, 2023 Aug 15, 2023 $0.0450 0.738%
10 Jul 03, 2023 Jul 18, 2023 Jul 31, 2023 $0.0450 0.713%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (81.55%)

Growth potential

Decrease likely (26.87%)

MCR Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from MCR dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MCR stock here.

Comparing MCR to Sector and Country

MCR pays a solid dividend yield of 8.75%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.86%). MCR’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.08%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of MCR's dividend payments?
The amount of MCR's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in MCR sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from MCR stock be automatically reinvested?
If MCR offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy MCR stock.

How often does MCR pay dividend?
MFS Charter Income Trust (MCR) pays dividends monthly. The most recent payout was on Apr 30, 2024.

How much does MCR pays per share?
The last recorder (Apr 16, 2024) dividend per share was $0.0458.

What is MCR dividend growth rate?
Over the last year, MFS Charter Income Trust has witnessed growth rate of -0.457% . Looking back over the past 3 years, this growth rate has been -7.58%. Furthermore, examining the past 5 years, MFS Charter Income Trust has maintained an average Dividends Per Share Growth Rate of -4.94%.
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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. or foreign issuers, or debt instruments of issuers located in emerg... MCR Profile

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