GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MFS Charter Income Trust (NYSE:MCR) » Definitions » Forward Dividend Yield %

MFS Charterome Trust (MFS Charterome Trust) Forward Dividend Yield % : 8.57% (As of Jun. 09, 2024)


View and export this data going back to . Start your Free Trial

What is MFS Charterome Trust Forward Dividend Yield %?

As of today (2024-06-09), the Forward Annual Dividend Yield of MFS Charterome Trust is 8.57%.

As of today (2024-06-09), the Trailing Annual Dividend Yield of MFS Charterome Trust is 8.57%.

MCR's Forward Dividend Yield % is ranked better than
70.3% of 1202 companies
in the Asset Management industry
Industry Median: 6.04 vs MCR: 8.57

MFS Charterome Trust's Dividends per Share for the six months ended in Nov. 2023 was $0.27.

During the past 12 months, MFS Charterome Trust's average Dividends Per Share Growth Rate was -8.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -8.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -5.30% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of MFS Charterome Trust was -0.70% per year. The lowest was -8.10% per year. And the median was -4.15% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of MFS Charterome Trust's Forward Dividend Yield %

For the Asset Management subindustry, MFS Charterome Trust's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MFS Charterome Trust's Forward Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MFS Charterome Trust's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where MFS Charterome Trust's Forward Dividend Yield % falls into.



MFS Charterome Trust Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

MFS Charterome Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0450902024-05-142024-05-152024-05-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0457902024-04-162024-04-172024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0456702024-03-122024-03-132024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0458802024-02-132024-02-142024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0458502024-01-162024-01-172024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0439502023-12-192023-12-202023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0427602023-11-142023-11-152023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0442302023-10-172023-10-182023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0446702023-09-122023-09-132023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0453002023-08-152023-08-162023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0451902023-07-182023-07-192023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0452602023-06-132023-06-142023-06-30Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

MFS Charterome Trust's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.54108/6.299
=8.59 %

Current Share Price is $6.299.
MFS Charterome Trust's Dividends per Share for the forward twelve months is calculated as $0.04509 * 12 = $0.54108.

MFS Charterome Trust's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.53964/6.299
=8.57 %

Current Share Price is $6.299.
MFS Charterome Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.53964.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MFS Charterome Trust  (NYSE:MCR) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


MFS Charterome Trust Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of MFS Charterome Trust's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


MFS Charterome Trust (MFS Charterome Trust) Business Description

Traded in Other Exchanges
N/A
Address
111 Huntington Avenue, Boston, MA, USA, 02199
MFS Charter Income Trust is a United States-based closed-end fund. Its investment objective is to seek high current income. The fund invests the assets in debt instruments. It invests the assets in corporate bonds of U.S. and foreign issuers, U.S. Government securities, foreign government securities, mortgage-backed and other asset-backed securities of U.S. and foreign issuers, and debt instruments of issuers located in emerging market countries. The portfolio of investments comprises different sectors investment such as aerospace, airlines, automotive, building, business services, chemicals, electronics, and other sectors.
Executives
Linda Dougherty other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Neeraj Arora other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
John David Mitchell other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Rosa Licea-mailloux other: CHIEF COMPLIANCE OFFICER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Manjit Singh director 111 HUNTINGTON AVENUE, BOSTON MA 02072
Melissa Kennedy other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Jacques Jr Goulet other: OFFICER TO ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Henry Peabody other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Philipp Burgener other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Andy Li other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
James W. Kilman director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Edward M. Maloney officer: Officer of Advisor 111 HUNTINGTON AVENUE, BOSTON MA 02199
Peter Darrell Jones director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Michael Skatrud other: Portfolio Manager MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 01760
Carol W. Geremia officer: PRESIDENT 111 HUNTINGTON AVENUE, BOSTON MA 02199

MFS Charterome Trust (MFS Charterome Trust) Headlines

From GuruFocus

MFS Announces Closed-End Fund Distributions

By Business Wire Business Wire 12-01-2022

MFS Announces Closed-End Fund Distributions

By Business Wire Business Wire 01-03-2023

MFS Closed End Fund Portfolio Management Team Announcement

By Business Wire Business Wire 02-09-2023

MFS Announces Closed-End Fund Distributions

By Business Wire 11-01-2023

MFS Charter Income Trust's Dividend Analysis

By GuruFocus Research 10-16-2023