MFS Charter Income Trust Announces Monthly Dividend of $0.06 (MCR)
MFS Charter Income Trust (NYSE:MCR) declared a monthly dividend on Wednesday, July 5th, Wall Street Journal reports. Shareholders of record on Thursday, July 20th will be paid a dividend of 0.0628 per share by the financial services provider on Monday, July 31st. This represents a $0.75 annualized dividend and a yield of 8.68%. The ex-dividend date is Tuesday, July 18th.
MFS Charter Income Trust has increased its dividend payment by an average of 6.4% annually over the last three years.
Shares of MFS Charter Income Trust (NYSE:MCR) traded up 0.35% during trading on Wednesday, reaching $8.68. The company’s stock had a trading volume of 87,510 shares. MFS Charter Income Trust has a 1-year low of $8.08 and a 1-year high of $8.76. The stock has a 50 day moving average of $8.68 and a 200-day moving average of $8.60.
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About MFS Charter Income Trust
MFS Charter Income Trust (Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to seek high current income, but may also consider capital appreciation. The Fund normally invests in debt instruments. The Fund also invests in corporate bonds of the United States and/or foreign issuers, the United States Government securities, foreign government securities, mortgage-backed and other asset-backed securities and/or debt instruments of issuers located in emerging market countries.
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