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

MFS Charter Income Trust (NYSE:MCR) announced a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be paid a dividend of 0.0448 per share by the financial services provider on Wednesday, April 30th. This represents a $0.54 dividend on an annualized basis and a yield of 8.50%. The ex-dividend date of this dividend is Tuesday, April 15th.

MFS Charter Income Trust has increased its dividend payment by an average of 3.9% annually over the last three years.

MFS Charter Income Trust Stock Up 0.3 %

Shares of NYSE:MCR opened at $6.32 on Thursday. MFS Charter Income Trust has a one year low of $6.01 and a one year high of $6.58. The company has a 50-day simple moving average of $6.35 and a 200-day simple moving average of $6.35.

About MFS Charter Income Trust

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.