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MFM (MFS Municipalome Trust) 3-Year Dividend Growth Rate : -12.00% (As of Apr. 2024)


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

MFS Municipalome Trust's Dividends per Share for the six months ended in Apr. 2024 was $0.12.

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

MFM' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -12   Med: -7.6   Max: -5.9
Current: -12

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of MFS Municipalome Trust was -5.90% per year. The lowest was -12.00% per year. And the median was -7.60% per year.

MFM's 3-Year Dividend Growth Rate is ranked worse than
89.77% of 860 companies
in the Asset Management industry
Industry Median: 2.5 vs MFM: -12.00

During the past 12 months, MFS Municipalome Trust's average Dividends Per Share Growth Rate was -3.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -12.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -9.50% 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 Municipalome Trust's Dividend Payout Ratio for the six months ended in Apr. 2024 was 0.15. As of today, MFS Municipalome Trust's Dividend Yield % is 4.31%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of MFS Municipal Income Trust is 1.32, which seems too high.

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


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

For the Asset Management subindustry, MFS Municipalome 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 Municipalome Trust's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

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

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



MFS Municipalome 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 Municipalome Trust  (NYSE:MFM) 3-Year Dividend Growth Rate Explanation

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

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

Dividend Payout Ratio=Dividends per Share (Q: Apr. 2024 )/ EPS without NRI (Q: Apr. 2024 )
=0.117/ 0.76
=0.15

During the past 7 years, the highest Dividend Payout Ratio of MFS Municipalome Trust was 7.17. The lowest was 0.47. And the median was 1.83.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of MFS Municipal Income Trust is 1.32, which seems too high.

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

MFS Municipalome Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0215002024-10-152024-10-152024-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0215002024-09-172024-09-172024-09-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0215002024-08-132024-08-132024-08-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0215002024-07-162024-07-162024-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0205002024-06-182024-06-182024-06-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0205002024-05-142024-05-152024-05-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0205002024-04-162024-04-172024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0205002024-03-122024-03-132024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0195002024-02-132024-02-142024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0185002024-01-162024-01-172024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0175002023-12-192023-12-202023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0175002023-11-142023-11-152023-11-30Cash 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 Municipalome Trust's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.241/5.60
=4.30 %

Current Share Price is $5.60.
MFS Municipalome Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.241.

During the past 7 years, the highest Dividend Yield of MFS Municipalome Trust was 6.43%. The lowest was 3.75%. And the median was 5.08%.

* 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 Municipalome Trust 3-Year Dividend Growth Rate Related Terms>


MFS Municipalome Trust Business Description

Traded in Other Exchanges
N/A
Address
111 Huntington Avenue, Boston, MA, USA, 02199
MFS Municipal Income Trust is a diversified closed-end management investment company. Its investment objective is to seek high current income exempt from federal income tax, but may also consider capital appreciation. The fund invests a majority of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in municipal bonds.
Executives
Linda Dougherty other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Rosa Licea-mailloux other: CHIEF COMPLIANCE OFFICER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Michael L Dawson other: PORTFOLIO MANAGER 500 BOYLSTON STREET, BOSTON MA 02116
Robert J Manning director 1201 THIRD AVE, STE 4900, SEATTLE WA 98101
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
Manjit Singh director 111 HUNTINGTON AVENUE, BOSTON MA 02072
Jason Kosty other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Jacques Jr Goulet other: ADVISOR TO OFFICER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Melissa Kennedy other: OFFICER OF ADVISOR 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
Carol W. Geremia officer: PRESIDENT 111 HUNTINGTON AVENUE, BOSTON MA 02199
Kevin D Strain other: Officer of Advisor MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 02199
Clarence Jr Otis director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036

MFS Municipalome Trust Headlines

From GuruFocus

MFS Municipal Income Trust's Dividend Analysis

By GuruFocus Research 10-16-2023