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MGF (MFS Government Marketsome Trust) Dividend Payout Ratio : 2.00 (As of May. 2024)


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What is MFS Government Marketsome 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 Government Marketsome Trust's Dividend Payout Ratio for the months ended in May. 2024 was 2.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of MFS Government Markets Income Trust is 12.05, which seems too high.

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

MGF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.78   Med: 2.22   Max: 12.45
Current: 12.05

During the past 7 years, the highest Dividend Payout Ratio of MFS Government Marketsome Trust was 12.45. The lowest was 0.78. And the median was 2.22.

MGF's Dividend Payout Ratio is ranked worse than
99.41% of 1023 companies
in the Asset Management industry
Industry Median: 0.68 vs MGF: 12.05

As of today (2024-12-13), the Dividend Yield % of MFS Government Marketsome Trust is 7.65%.

During the past 7 years, the highest Trailing Annual Dividend Yield of MFS Government Marketsome Trust was 10.48%. The lowest was 7.24%. And the median was 7.99%.

MFS Government Marketsome Trust's Dividends per Share for the months ended in May. 2024 was $0.12.

During the past 12 months, MFS Government Marketsome Trust's average Dividends Per Share Growth Rate was -7.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -10.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -6.60% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of MFS Government Marketsome Trust was -2.20% per year. The lowest was -10.60% per year. And the median was -4.70% 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 Government Marketsome Trust Dividend Payout Ratio Historical Data

The historical data trend for MFS Government Marketsome 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 Government Marketsome Trust Dividend Payout Ratio Chart

MFS Government Marketsome Trust Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Dividend Payout Ratio
Get a 7-Day Free Trial 0.78 0.99 - - 12.45

MFS Government Marketsome 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 1.60 - 2.00

Competitive Comparison of MFS Government Marketsome Trust's Dividend Payout Ratio

For the Asset Management subindustry, MFS Government Marketsome 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 Government Marketsome Trust's Dividend Payout Ratio Distribution in the Asset Management Industry

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

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


MFS Government Marketsome Trust Dividend Payout Ratio Calculation

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 Government Marketsome 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 )
=0.249/ 0.02
=12.45

MFS Government Marketsome 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 )
=0.12/ 0.06
=2.00

* 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 Government Marketsome Trust (NYSE:MGF) 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 Government Marketsome Trust Dividend Payout Ratio Related Terms

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

MFS Government Marketsome Trust Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MFS Government Markets Income Trust (NYSE:MGF) » Definitions » Dividend Payout Ratio
Comparable Companies
GDL CXE KF SWZ IAF SBI VFL PFO EVF GLQ BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
111 Huntington Avenue, Boston, MA, USA, 02199
Website
https://www.mfs.com
MFS Government Markets Income Trust is a United States-based diversified, closed-end management investment company. Its investment objective is to seek high current income. The fund invests a majority of the net assets, including borrowings for investment purposes, in U.S. and foreign government securities.
Executives
Linda Dougherty other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Jake Stone 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
Neeraj Arora other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Alexander Mackey other: PORTFOLIO MANAGER MFS INVESTMENT MANAGEMENT, 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
John A Caroselli director ONE METROTECH CENTER, BROOKLYN NY 11201