Reminder - MFS Charter Income Fund (MCR) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 12/16/14, MFS Charter Income Fund (MCR) will trade ex-dividend, for its monthly dividend of $0.1725, payable on 12/31/14. As a percentage of MCR's recent stock price of $8.65, this dividend works out to approximately 1.99%, so look for shares of MFS Charter Income Fund to trade 1.99% lower — all else being equal — when MCR shares open for trading on 12/16/14.

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Below is a dividend history chart for MCR, showing historical dividends prior to the most recent $0.1725 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 23.93% 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 $8.56 per share, with $9.39 as the 52 week high point — that compares with a last trade of $8.65.

In Friday trading, MFS Charter Income Fund shares are currently off about 0.2% on the day.

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