MFS Charter Income Trust (NYSE:MCR) announced a monthly dividend on Thursday, January 18th, NASDAQ reports. Investors of record on Wednesday, January 17th will be given a dividend of 0.062 per share by the financial services provider on Wednesday, January 31st. This represents a $0.74 dividend on an annualized basis and a dividend yield of 8.75%. The ex-dividend date is Tuesday, January 16th. This is an increase from MFS Charter Income Trust’s previous monthly dividend of $0.06.
MFS Charter Income Trust has raised its dividend payment by an average of 4.6% per year over the last three years.
Shares of MFS Charter Income Trust (NYSE:MCR) traded down $0.01 during trading on Thursday, reaching $8.50. 142,900 shares of the company’s stock traded hands, compared to its average volume of 107,043. MFS Charter Income Trust has a one year low of $8.29 and a one year high of $8.76.
WARNING: “MFS Charter Income Trust (MCR) Announces Monthly Dividend of $0.06” was published by American Banking News and is the sole property of of American Banking News. If you are viewing this article on another website, it was illegally stolen and reposted in violation of US & international copyright law. The legal version of this article can be viewed at https://www.americanbankingnews.com/2018/01/11/mfs-charter-income-trust-mcr-announces-monthly-dividend-of-0-06.html.
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.
Receive News & Ratings for MFS Charter Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MFS Charter Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.