MFS Charter Income Trust Declares Monthly Dividend of $0.04 (NYSE:MCR)

MFS Charter Income Trust (NYSE:MCR) announced a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Stockholders of record on Tuesday, February 18th will be paid a dividend of 0.0449 per share by the financial services provider on Friday, February 28th. This represents a $0.54 annualized dividend and a dividend yield of 8.39%. The ex-dividend date of this dividend is Tuesday, February 18th.

MFS Charter Income Trust has increased its dividend by an average of 9.7% per year over the last three years.

MFS Charter Income Trust Trading Up 0.4 %

MCR stock traded up $0.03 during trading on Tuesday, hitting $6.43. The company had a trading volume of 31,424 shares, compared to its average volume of 68,165. MFS Charter Income Trust has a 52-week low of $6.01 and a 52-week high of $6.58. The company has a 50 day simple moving average of $6.31 and a 200-day simple moving average of $6.36.

MFS Charter Income Trust Company Profile

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.