MCR Ex-Dividend Reminder - 2/18/14

Looking at the universe of stocks we cover at Dividend Channel, on 2/18/14, MFS Charter Income Fund (MCR) will trade ex-dividend, for its monthly dividend of $0.048, payable on 2/28/14. As a percentage of MCR's recent stock price of $9.02, this dividend works out to approximately 0.53%, so look for shares of MFS Charter Income Fund to trade 0.53% lower — all else being equal — when MCR shares open for trading on 2/18/14.

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Below is a dividend history chart for MCR, showing historical dividends prior to the most recent $0.048 declared by MFS Charter Income Fund:

MCR+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MCR is likely to continue, and whether the current estimated yield of 6.39% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of MCR shares, versus its 200 day moving average:

MFS Charter Income Fund 200 Day Moving Average Chart

Looking at the chart above, MCR's low point in its 52 week range is $8.50 per share, with $10.51 as the 52 week high point — that compares with a last trade of $9.02.

In Friday trading, MFS Charter Income Fund shares are currently up about 0.4% on the day.

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