Barings Participation Investors to Issue — Dividend of $0.10 (NYSE:MPV)

Barings Participation Investors (NYSE:MPV) announced a — dividend on Friday, December 13th,Wall Street Journal reports. Shareholders of record on Monday, December 30th will be given a dividend of 0.10 per share by the financial services provider on Friday, January 17th. This represents a yield of 8.6%. The ex-dividend date of this dividend is Monday, December 30th.

Barings Participation Investors Stock Performance

Shares of Barings Participation Investors stock traded up $0.03 on Friday, reaching $17.15. 20,768 shares of the company were exchanged, compared to its average volume of 19,909. The stock’s 50 day moving average price is $16.89 and its 200-day moving average price is $16.44. Barings Participation Investors has a 1-year low of $13.90 and a 1-year high of $17.66.

About Barings Participation Investors

Barings Participation Investors is a closed ended fixed income mutual fund launched and managed by Barings LLC. The fund invests in the fixed income markets of the United States. It primarily invests in below-investment grade, long-term corporate debt obligations which are directly purchased from its issuers.