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 4.77%.
Dividend Yield Range
AI Analysis of MFM
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 4.77% |
|---|---|
| Frequency | Monthly |
| 1Y Growth | 13.89% |
| Payout Ratio | 0 |
| Amount Per Share | $0.0205 |
| Next Ex-Dividend Date | May 14, 2024 |
| Next Payment Date | May 31, 2024 |
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 | |
|---|---|---|---|---|---|
| 81 | Sep 05, 2017 | Sep 12, 2017 | Sep 29, 2017 | $0.0330 | 0.458% |
| 82 | Aug 02, 2017 | Aug 15, 2017 | Aug 31, 2017 | $0.0330 | 0.460% |
| 83 | Jul 05, 2017 | Jul 18, 2017 | Jul 31, 2017 | $0.0330 | 0.453% |
| 84 | Jun 02, 2017 | Jun 13, 2017 | Jun 30, 2017 | $0.0330 | 0.464% |
| 85 | May 02, 2017 | May 16, 2017 | May 31, 2017 | $0.0330 | 0.459% |
| 86 | Apr 04, 2017 | Apr 18, 2017 | Apr 28, 2017 | $0.0320 | 0.456% |
| 87 | Mar 02, 2017 | Mar 14, 2017 | Mar 31, 2017 | $0.0320 | 0.460% |
| 88 | Feb 02, 2017 | Feb 14, 2017 | Feb 28, 2017 | $0.0310 | 0.447% |
| 89 | Jan 04, 2017 | Jan 17, 2017 | Jan 31, 2017 | $0.0310 | 0.443% |
| 90 | Dec 02, 2016 | Dec 20, 2016 | Dec 30, 2016 | $0.0310 | 0.468% |
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 4.77%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.83%). 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 (11.05%), which means that there are more attractive dividend stocks to consider.
MFM Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| MFS Municipal Income Trust | 216.647M | $0.0205 | 4.77% | 508.98% | |
| Pimco California Municipal Income Fund II | 188.06M | $0.0215 | 4.61% | 92.74% |
