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MCR (MFS Charterome Trust) 3-Year Dividend Growth Rate : -8.10% (As of May. 2024)


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What is MFS Charterome Trust 3-Year Dividend Growth Rate?

MFS Charterome Trust's Dividends per Share for the six months ended in May. 2024 was $0.27.

The historical rank and industry rank for MFS Charterome Trust's 3-Year Dividend Growth Rate or its related term are showing as below:

MCR' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -8.1   Med: -4.15   Max: -0.7
Current: -8.1

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.

MCR's 3-Year Dividend Growth Rate is ranked worse than
81.74% of 860 companies
in the Asset Management industry
Industry Median: 2.5 vs MCR: -8.10

During the past 12 months, MFS Charterome Trust's average Dividends Per Share Growth Rate was -1.80% 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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

MFS Charterome Trust's Dividend Payout Ratio for the six months ended in May. 2024 was 0.80. As of today, MFS Charterome Trust's Dividend Yield % is 8.58%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of MFS Charter Income Trust is 1.00, which seems too high.

Warning Sign:

MFS Charter Income Trust stock dividend yield is close to 10-year low.

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


Competitive Comparison of MFS Charterome Trust's 3-Year Dividend Growth Rate

For the Asset Management subindustry, MFS Charterome Trust's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MFS Charterome Trust's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where MFS Charterome Trust's 3-Year Dividend Growth Rate falls into.



MFS Charterome Trust 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


MFS Charterome Trust  (NYSE:MCR) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

MFS Charterome Trust's Dividend Payout Ratio for the quarter that ended in May. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: May. 2024 )/ EPS without NRI (Q: May. 2024 )
=0.273/ 0.34
=0.80

During the past 7 years, the highest Dividend Payout Ratio of MFS Charterome Trust was 7.71. The lowest was 0.61. And the median was 1.09.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of MFS Charter Income Trust is 1.00, which seems too high.

2. 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 0.0465602024-10-152024-10-152024-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0460102024-09-172024-09-172024-09-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0454802024-08-132024-08-132024-08-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0453602024-07-162024-07-162024-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0452102024-06-182024-06-182024-06-28Cash DividendmonthlyUSD:USD 1.000000
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

* 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.54361/6.34
=8.57 %

Current Share Price is $6.34.
MFS Charterome Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.54361.

During the past 7 years, the highest Dividend Yield of MFS Charterome Trust was 11.90%. The lowest was 7.77%. And the median was 8.81%.

Warning Sign:

MFS Charter Income Trust stock dividend yield is close to 10-year low.

* 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 3-Year Dividend Growth Rate Related Terms>


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.
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

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