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Monday marks the last chance for investors to receive the next dividend payout from MFS Special Value (NYSE:MFV).

What's Happening

The company announced on Monday that it would pay shareholders a monthly dividend of 3.59 cents per share. On Tuesday, MFS Special Value will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 3.59 cents lower than it would have opened on any other day.

In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this

MFS Special Value: Dividend Insights