MCR (MFS Charterome Trust) Dividend Payout Ratio : 0.80 (As of May. 2024)

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What is MFS Charterome Trust Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. MFS Charterome Trust's Dividend Payout Ratio for the months ended in May. 2024 was 0.80.

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.

The historical rank and industry rank for MFS Charterome Trust's Dividend Payout Ratio or its related term are showing as below:

MCR' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.61 Med: 1.09 Max: 7.71
Current: 1

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.

MCR's Dividend Payout Ratio is ranked worse than
68.71% of 1013 companies
in the Asset Management industry
Industry Median: 0.7 vs MCR: 1.00

As of today (2024-10-31), the Dividend Yield % of MFS Charterome Trust is 8.58%.

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

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

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.

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.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

MFS Charterome Trust Dividend Payout Ratio Historical Data

The historical data trend for MFS Charterome Trust's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

MFS Charterome Trust Dividend Payout Ratio Chart

MFS Charterome Trust Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Dividend Payout Ratio

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0.61

1.09

7.71

1.42

MFS Charterome Trust Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24
Dividend Payout Ratio	Get a 7-Day Free Trial									-	-	1.53	1.33	0.80

Competitive Comparison of MFS Charterome Trust's Dividend Payout Ratio

For the Asset Management subindustry, MFS Charterome Trust's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where MFS Charterome Trust's Dividend Payout Ratio falls into.

MFS Charterome Trust Dividend Payout Ratio Calculation

MFS Charterome Trust's Dividend Payout Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Nov. 2023 )	/	EPS without NRI (A: Nov. 2023 )
	=	0.541	/	0.38
	=	1.42

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

MFS Charterome Trust (NYSE:MCR) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

MFS Charterome Trust Dividend Payout Ratio Related Terms

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

MFS Charterome Trust Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Huntington Avenue, Boston, MA, USA, 02199

Website

https://www.mfs.com

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