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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 9.48%.

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) 9.48%
Frequency Monthly
1Y Growth -1.98%
Payout Ratio 0
Amount Per Share $0.0451
Next Ex-Dividend Date May 14, 2024
Next Payment Date May 31, 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
11 Jul 03, 2023 Jul 18, 2023 Jul 31, 2023 $0.0450 0.713%
12 Jun 01, 2023 Jun 13, 2023 Jun 30, 2023 $0.0450 0.713%
13 May 01, 2023 May 16, 2023 May 31, 2023 $0.0460 0.758%
14 Apr 03, 2023 Apr 18, 2023 Apr 28, 2023 $0.0450 0.714%
15 Mar 01, 2023 Mar 14, 2023 Mar 31, 2023 $0.0460 0.731%
16 Feb 01, 2023 Feb 14, 2023 Feb 28, 2023 $0.0460 0.703%
17 Jan 03, 2023 Jan 17, 2023 Jan 31, 2023 $0.0460 0.687%
18 Dec 01, 2022 Dec 13, 2022 Dec 30, 2022 $0.0450 0.732%
19 Nov 01, 2022 Nov 15, 2022 Nov 30, 2022 $0.0440 0.640%
20 Oct 03, 2022 Oct 18, 2022 Oct 31, 2022 $0.0450 0.703%

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 (26.78%)

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 9.48%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.84%). 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 (11.05%), 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. The upcoming dividend Ex Date is May 14, 2024, with an amount of $0.0451.

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 -1.98% . Looking back over the past 3 years, this growth rate has been -8.05%. Furthermore, examining the past 5 years, MFS Charter Income Trust has maintained an average Dividends Per Share Growth Rate of -4.91%.
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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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