Monday Is Your Last Chance To Buy MFS Charter Income Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
MFS Charter Income (NYSE:MCR) announced a monthly dividend of 4.59 cents per share, going ex-dividend on Tuesday. Shareholders owning MCR by the end of Monday are eligible for the dividend, payable on February 29, 2024.
February 08, 2024 | 2:45 pm
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MFS Charter Income announces a monthly dividend of 4.59 cents per share, with shares going ex-dividend on Tuesday. Eligibility requires ownership by end of Monday, with payment on February 29, 2024.
The announcement of a dividend payout typically has a neutral short-term impact on the stock price, as the decrease in stock price on the ex-dividend date is a mechanical adjustment. However, the news of a dividend can be positive for investor sentiment, indicating the company's ability to return value to shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100