MFS Charter Income Trust
MCRFinancial Services · Stock · monthly payer
$5.94
Add to PortfolioForward Yield
9.03%
Annual Dividend
$0.54
Payout Ratio
128%
5-Yr Growth
-5.1%
Ex-Date
Jun 8, 2026
Frequency
Monthly
MCR Dividend Safety Score
55/ 100
Grade C
Borderline
Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage128% of earnings paid out
Balance-sheet strengthDebt/equity of 0.34
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is MCR a good dividend stock?
MixedMFS Charter Income Trust (MCR) pays a monthly dividend yielding 9.03% ($0.54/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2023
- Elevated payout ratio (128%)
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 9.03%
- Payout Ratio
- 128%
- Annual Dividend
- $0.54
- 5-Yr Avg Growth
- -5.1%
- Ex-Dividend Date
- Jun 8, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.64
- Market Cap
- $247.4M
- P/E Ratio
- 14.1
- 5-Yr Total Return
- -32%
- 52-Week Range
- $5.84 – $6.58
- Dividend Safety
- C · 55/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 19, 2026 | — | $0.0440 | regular |
| Apr 14, 2026 | — | $0.0440 | regular |
| Mar 17, 2026 | — | $0.0450 | regular |
| Feb 17, 2026 | — | $0.0450 | regular |
| Jan 20, 2026 | — | $0.0450 | regular |
| Dec 16, 2025 | — | $0.0450 | regular |
| Nov 18, 2025 | — | $0.0450 | regular |
| Oct 14, 2025 | — | $0.0450 | regular |
| Sep 16, 2025 | — | $0.0450 | regular |
| Aug 19, 2025 | — | $0.0450 | regular |
| Jul 15, 2025 | — | $0.0450 | regular |
| Jun 17, 2025 | — | $0.0440 | regular |
| May 13, 2025 | — | $0.0440 | regular |
| Apr 15, 2025 | — | $0.0450 | regular |
Income Calculator
At $0.54 / yr per share
Per payment (monthly)$4.50
Annual$54.00
Monthly avg$4.50
