Barings Corporate Investors (NYSE:MCI – Get Free Report) declared a — dividend on Thursday, December 12th,Wall Street Journal reports. Stockholders 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 dividend yield of 8%. The ex-dividend date is Monday, December 30th.
Barings Corporate Investors has raised its dividend by an average of 13.9% per year over the last three years.
Barings Corporate Investors Trading Up 0.9 %
Shares of NYSE:MCI opened at $20.81 on Friday. Barings Corporate Investors has a one year low of $16.91 and a one year high of $20.98. The business’s 50-day simple moving average is $19.83 and its 200 day simple moving average is $19.04.
About Barings Corporate Investors
Babson Capital Corporate Investors trust is a closed ended fixed income mutual fund launched and managed by Barings LLC. It invests in fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in a portfolio of privately placed, below-investment grade, long term corporate debt obligations.
Further Reading
- Five stocks we like better than Barings Corporate Investors
- High Dividend REITs: Are They an Ideal Way to Diversify?
- MarketBeat Week in Review – 12/23 – 12/27
- What is a Bond Market Holiday? How to Invest and Trade
- Rare Earth Revolution: Powering the Future of Technology
- Russell 2000 Index, How Investors Use it For Profitable Trading
- S&P 500 ETFs: Expense Ratios That Can Boost Your Long-Term Gains
Receive News & Ratings for Barings Corporate Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barings Corporate Investors and related companies with MarketBeat.com's FREE daily email newsletter.
