Barings Corporate Investors (NYSE:MCI – Get Free Report) announced a quarterly dividend on Monday, October 12th. Investors of record on Monday, November 2nd will be paid a dividend of $0.40 per share by the financial services provider on Friday, November 13th. This represents a $1.60 annualized dividend and a dividend yield of 9.0%. The ex-dividend date is Monday, November 2nd.
Barings Corporate Investors Trading Down 1.2%
NYSE MCI opened at $17.86 on Friday. The company has a 50 day moving average price of $18.42 and a two-hundred day moving average price of $18.34. Barings Corporate Investors has a 12-month low of $16.21 and a 12-month high of $21.50.
About Barings Corporate Investors
Barings Corporate Investors (NYSE: MCI) is a closed-end investment company that invests primarily in privately owned, middle-market companies. Its portfolio may include senior and subordinated debt securities, preferred stock and common equity investments.
The company generally seeks to provide investors with current income and long-term capital appreciation through a diversified portfolio of corporate investments. Its investment focus is primarily on companies in the United States across a range of industries.
Barings Corporate Investors is externally managed by Barings LLC, a global investment manager.
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