Barings Corporate Investors (NYSE:MCI – Get Free Report) announced a quarterly dividend on Thursday, May 14th. Investors of record on Friday, May 29th will be paid a dividend of 0.40 per share by the financial services provider on Friday, June 12th. This represents a c) annualized dividend and a dividend yield of 9.2%. The ex-dividend date of this dividend is Friday, May 29th.
Barings Corporate Investors Trading Up 1.3%
Shares of MCI opened at $17.30 on Friday. Barings Corporate Investors has a one year low of $16.57 and a one year high of $23.00. The stock has a 50 day moving average price of $18.27 and a 200 day moving average price of $19.57.
Barings Corporate Investors (NYSE:MCI – Get Free Report) last issued its quarterly earnings results on Thursday, May 14th. The financial services provider reported $999.00 EPS for the quarter.
Barings Corporate Investors Company Profile
Barings Corporate Investors (NYSE: MCI) is a closed-end management investment company that seeks to provide investors with high current income and capital preservation. The fund primarily invests in a diversified portfolio of corporate debt securities and loans, focusing on investment-grade and below investment-grade credit issued by U.S. and international companies.
The fund’s investment strategy centers on identifying opportunities across the corporate credit spectrum, including senior secured loans, high-yield bonds, and other fixed-income instruments.
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