MFS Municipal Income Trust Stock Dividends
MFM pays dividends monthly. Last paid amount was $0.0205 at Apr 30, 2024. As of today, dividend yield (TTM) is 4.38%.
Dividend Yield Range
AI Analysis of MFM
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 4.38% |
|---|---|
| Frequency | Monthly |
| 1Y Growth | 13.89% |
| Payout Ratio | 0 |
| Amount Per Share | $0.0205 |
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MFS Municipal Income Trust has not yet announced its next dividend date. Last payment date was: Apr 30, 2024.
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MFM Dividend Payout History
To ensure a understanding of MFM'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.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 01, 2024 | Apr 16, 2024 | Apr 30, 2024 | $0.0205 | 0.403% |
| 2 | Mar 12, 2024 | Mar 12, 2024 | Mar 28, 2024 | $0.0205 | 0.382% |
| 3 | Feb 01, 2024 | Feb 13, 2024 | Feb 29, 2024 | $0.0195 | 0.370% |
| 4 | Jan 02, 2024 | Jan 16, 2024 | Jan 31, 2024 | $0.0185 | 0.353% |
| 5 | Dec 01, 2023 | Dec 19, 2023 | Dec 29, 2023 | $0.0175 | 0.338% |
| 6 | Nov 01, 2023 | Nov 14, 2023 | Nov 30, 2023 | $0.0180 | 0.355% |
| 7 | Oct 02, 2023 | Oct 17, 2023 | Oct 31, 2023 | $0.0180 | 0.406% |
| 8 | Sep 01, 2023 | Sep 12, 2023 | Sep 29, 2023 | $0.0180 | 0.396% |
| 9 | Aug 15, 2023 | Aug 15, 2023 | Aug 15, 2023 | $0.0180 | 0.350% |
| 10 | Jul 03, 2023 | Jul 18, 2023 | Jul 31, 2023 | $0.0170 | 0.317% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
MFM Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from MFM 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 MFM stock here.
Comparing MFM to Sector and Country
MFM pays a solid dividend yield of 4.38%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.87%). MFM’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.11%), which means that there are more attractive dividend stocks to consider.
MFM Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Pimco California Municipal Income Fund II | 184.354M | $0.0215 | 4.61% | 92.74% | |
| MFS Municipal Income Trust | 209.439M | $0.0205 | 4.38% | 508.98% |
