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MFS Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It...
We've identified the following companies as similar to MFS Municipal Income Trust because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.
To view the full list of supported financial metrics please see Complete Metrics Listing.
Metrics similar to Dividend Yield in the dividends category include:
Measures the cash returned to shareholders by a firm as a percentage of the price they pay for each share of stock.
Dividend Yield is defined as:
Dividend Per Share
(/) Stock Price
(=) Dividend Yield
The dividend yield is used to calculate the return on investment in the form of dividends that the company declared in the last year.
Applying this formula, MFS Municipal Income Trust’s Dividend Yield is calculated below:
Dividend Per Share [ $0.26 ]
(/) Stock Price [ $4.99 ]
(=) Dividend Yield [ 5.2% ]
The tables below summarizes the trend in MFS Municipal Income Trust’s dividend yield over the last five years:
| Date | Dividend Per Share | Stock Price | Dividend Yield |
|---|---|---|---|
| 2020-10-31 | $0.32 | $5.16 | 6.3% |
| 2021-10-31 | $0.28 | $5.90 | 4.8% |
| 2022-10-31 | $0.23 | $4.26 | 5.5% |
| 2023-10-31 | $0.21 | $4.13 | 5.1% |
| 2024-10-31 | $0.26 | $5.47 | 4.7% |
Read more about dividend per share
The chart above depicts the distribution of dividend yield for companies operating in the Financials sector in the Developed economic region. Over 14,160 companies were considered in this analysis, and 13,883 had meaningful values. The average dividend yield of companies in the sector is 2.1% with a standard deviation of 2.9%.
MFS Municipal Income Trust's Dividend Yield of 5.2% ranks in the 86.2% percentile for the sector. The following table provides additional summary stats:
| Economic Risk Region | Developed |
| Total Constituents | 14,166 |
| Included Constituents | 13,883 |
| Min | 0.0% |
| Max | 15.0% |
| Median | 0.8% |
| Mean | 2.1% |
| Standard Deviation | 2.9% |
You can find companies with similar dividend yield using this stock screener.